but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips)  a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor)  in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.

. $800 yearly tax for each LLC.

You could structure the deal as an installment sale or a lease option so the property owner doesn't see a large capital gain tax payment for the sale.And good on you for helping out!

Instead of their cash sitting in a savings account, they decided it would be a better investment to earn 3% on their money instead of .03% in the bank.

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

He will get around $3,100 tax free Base housing allowance and will have $150,000 he can put down.  

Note that the diagram doesn't consider tax implications—that's another important factor you'll need to include in your decision.

He was very successful and wealthy before he started making videos and created a course.Does his course teach you to build a successful business or work hard at a W-2, earn a boatload of money, and then learn for free through a mentor like he did?

You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years. 

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".