When your tax professional prepares your 990t they will utilize the Cost Seg to minimize the UDFI tax. 

Your drive to learn and network will be invaluable as you explore creative strategies that maximize returns and minimize upfront costs.Feel free to reach out, ask questions, and share experiences this community is a great resource for learning and connecting with like-minded investors.

S-Corp) to minimize taxes while maintaining compliance in Indiana and California?

If looking to scale flips and create systems around it to minimize your time and involvement, I'd highly recommend putting a team in place that can handle the day to day operations. 

A PM would have the simple defense of "no one wanted to book".Unfortunately, I am probably minimizing the challenges faced by the STR PM as I am not in that space.

Profitable with minimal investment Lessons learned?

Hi members,I recently met my CFP and he concluded that after all these years of accumulation in 401k it's time to take steps to minimize taxes and reduce/eliminate RMD. 

Are you estimating that building will be more profitable with the higher material prices and the added challenges of getting a certain type of financing together with the time constraints to minimize holding costs? 

That way I atleast saved interest payment on commission to be paid for which minimal service was offered.

-We all selling more than buying because we picked up multiple flip deals but have encountered minimal LTR opportunities to buy in 2024.