@Deepika TandonOne of you may need to go part time in you W2 to qualify, here is a good article. https://www.biggerpockets.com/renewsblog/2014/09/25/your-complete-guide-to-the-real-estate-professional-tax-loophole/

Im a millennial so im tired of online courses and spending money on expensive courses I just need someone I can shadow or meet with to explain the loop holes in wholesaling so I can quit my job and go with this full force

Which sounds like a loophole fitting your objective, doesn't it?

Also there are many loopholes and strategies to get your money out of Qualified plans early without penalty.

I think the forums are a great place but I must stress that we still all need to dig deep as there are many twists,  turns and loopholes in real estate and just because it is done one way in one state does not mean that it will work that way in another state.

I would evaluate the scores and see if there are simple ways to improve them before going through a ton of effort to try and find a loophole that would leave your partner with minimal legal recourse if things were to go south.

They normally just have a tax preparer (which is basically just inputing the information). 85% of accountants just prepare taxes and don't actually find unique loop holes and ways to reduce the investors taxable income.

They seem to have endless loopholes to provide the value on the property that they want.If all of the objective evidence available says that your property is worth more than the assessed value I'd just let it be.

You can have a low-tax or even tax-free cash flow from renting, and often you can have tax losses that would reduce taxes on your salary.These benefits start getting squeezed out when your income is above $100k, but they still exist.What @Yonah Weiss mentioned is an advanced loophole for people with high income, however you will not be able to use it as long as you have a full-time job. 

This is what's called the BRRRR strategy here on BP which is extremely popular among investors.You have to wait a minimum of 6 months to cash out refinance at the new ARV if going with a conventional loan.There are some loopholes and ways around this restriction though which you can find here on the forums.There is also delayed financing which can be used to pull your initial cash (purchase price) back out within 6 months.