These gatherings are a great way to meet wholesalers, flippers, and other investors willing to share their knowledge.Offer to add value.

Thank you very much for sharing this information.

“Jorge, you’re speaking my language here—efficiency is the game-changer, and every move counts.

Really appreciate you sharing your experience, sounds like a solid deal with a great profit margin, especially considering you did 90% of the work yourself.

You would need to track everything you spend on the business unit and write those off and anything shared would be times 50%.

Most Florida markets will share some dynamics though like taxes and insurance. 

At some point I'd like to begin a long career in REI and would like to have met some people already that can share in that endeavor.Looking forward to meeting everyone!

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.

One duplex is just how I described it above the other is a SHARED porch.  

I wonder if it's worth it to sell shares pay the 15% capital gains and pay off the mortgage.