My strategy incorporates asset protection measures like LLCs, specific trusts as well as professional property management to spread risk and ensure quality operations.As well as using tax codes to my benfiitSection 179, IRC Section 162, Cost Segregation and Bonus Depreciation and later 1031 them out for larger projects. 

Im getting into fix and flip real estate and working with a private lender who requires a higher credit score than mine to qualify. I have a cosigner willing to help, but Im unsure whether they must be in my LLC...

Readers should seek professional advice.

Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.

Here are a few do’s and don’ts that saved me time and headaches:✅ Do invest in professional photos.❌ Don’t ignore guest communication—automate it!

Readers should seek professional advice.

I know I can't be the only one who has had this setup before, so I am just looking for thoughts, advice, experience, etc.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello, BiggerPockets community!
I am interested in purchasing a new investment property and have been pre-approved for up to $700,000. I am currently looking at options in Kissimmee and downtown Orlando. Initially, I ...