He had a few showings with no bites, so he decided to make a few strategic changes:1.

There is also a huge amount of strategic and legal expertise across many states in getting non-performing notes to “re-perform” and be sold, perhaps to someone like you.Performing loans don’t require anywhere near the same amount of work or expertise but typically involve a lot more capital per loan.

I would love to connect and help each other strategize as we each make our entry-point into the Ohio markets. 

This allows us to pull out a HELOC, still own the property, and use that money towards acquiring more Value-Add multi-family units.Our move to Tennessee has been a strategic decision to leverage the state's benefits and capitalize on the growing real estate market. 

But if you can secure one with solid terms, it could be a great way to access capital while keeping the rental.If you believe in 28277’s continued appreciation (and I do), I’d lean towards holding the rental, increasing rents through strategic upgrades, and leveraging equity via a HELOC or cash-out refinance if the terms make sense.

That's super smart and strategic, love that idea. 

We have purchased 8 investment properties over the last 2 years, we strictly rent them out with section 8. The goal is to scale our business 2x over the next 3 years which we believe is very doable. There are many way...

This experience proves that even with challenges, strategic renovations and persistence can lead to a profitable outcome.

However, you can reduce tax liability by:Converting the flip into a rental for at least a year, allowing for depreciation and potential 1031 exchange benefits when selling.Offsetting gains with deductions, such as accelerating business expenses or using cost segregation for rentals.Using an S-Corp for future flips to lower self-employment taxes while keeping rentals in an LLC for liability protection.Deferring deductions to 2025 if your 2024 taxable income is high.While a 1031 exchange isn’t an option for flips, strategic tax planning can help minimize taxes.This post does not create a CPA-Client relationship.

You’ll want to be strategic about the neighborhoods you buy in and work with a property manager who understands the program.