I don't lend in NY (we do investor loans in most of the country and consumer loans only in FL, but we do nothing in NY), so I don't have a dog in the hunt here, but don't discount other types of loans, including a loan designed specifically for flipping.

Greetings, i am a 20 year old college student at Massachusetts College of Art and Design currently living at school in Boston.

My STR was designed to appeal to a large audience so I can't speak to the STR market but I suspect that it is not all that different from the MTR market.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Looking forward to engaging with the community!

I'm doing things 30% better by just designing Floorplans.

.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.

Thanks Ken, found out someone in the neighborhood has designs on the property via an adverse possesion.

We could figure out designated times to login etc, I think you can only have one person logged in at a time.

You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.