.💡 Tax AdvantagesThis is where my tax brain gets excited!

How is it for preparing taxes? 

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

Zero capital gain tax, next to zero income tax, property Tax is super small.  

BTW behind Texas.When all forms of taxes are calculated (income, property, and sales tax), CA ranks below the middle of the nation in total tax rate.  

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

Are you planning to sell the house after you finish the rehab or rent it out? 

Is an IRA subject to capital gains tax?