Ian well said.  

@Ian W.

Originally posted by @Ian Saingarm:Originally posted by @Nancy Zhao:For flippers homes are treated as inventory, basically think used car dealership.I have never run a car dealership but in other retail businesses I have run, anything I purchased during the same tax year offset the gains from the sale of other items.  

Ian Walsh I can't drive yet unfortunately because I'm too young.

Ian new to BP and this post is Do very inspirational.

Ian - I’ve done the same thing over the last couple of years using 1031 exchanges.  

@Ian Morales Do not buy real estate yet. 

Purchase price: $365,000 Cash invested: $200,000 Originally a primary residence that was severely damaged by hurricane Ian and now trying to decide whether or not to tackle the rebuild or sell "strictly as is".

I didn't mention that the loans are using the cash value as collateral which is great information for Ian, most people I've talked to initially think of something like a 401K loan which removes the money from your account which is different than insurance vehicles.The tax situation for mutual companies vs stock companies is still worthy of mentioning.  

Originally posted by @Ian Ippolito:@Matt Burns, yes real estate crowdfunding can be worth doing.