Since fix-and-flip income is classified as active income, taxed at ordinary rates, this setup helps minimize overall tax liability.To protect both members, draft a detailed operating agreement outlining roles, ownership percentages, profit-sharing, and an exit strategy in case the business dissolves.

The best strategy I seem to have deployed so far was to contact all my current tenants and let them know I’d give them a cash referral fee of $250 for anyone they recommend to me that goes through the vetting process and successfully moves in.

What strategies were you considering? 

If you need help with landlord laws, house backing strategies, or traditional MTR investing specific to New Jersey happy to help.

Here are some practical steps and strategies to consider:## Single Family and Small Multifamily HomesWhen looking at single-family and small multifamily homes in northern Illinois and southern Wisconsin, make sure to analyze the local market trends, rental yields, and property appreciation rates.

Hi @Jerry Nogueras that depends on your goals and how open minded you are to different strategies. 

Welcome to BP - what strategy are you looking to pursue for your first real estate investment?

Hey Matt,With $50K in a self-directed IRA, there are several strategies you could explore to generate both short- and long-term returns, depending on your risk tolerance and investment goals.

Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.

There are often local Facebook groups for specific strategies