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.

If you're considering Real Estate as an option in the future, I would not add the money to either of these accounts. 

OC California is very expensive so investing out of state can be a good option.

There are many other options as well including some that are included in property management software products. 

Quote from @Stacey Wells: Hey everyone,I’ve been researching different funding options for real estate investments and business expansion.

However, given the fact one is gone and the other is doing their best to cover all the rent, eviction would be a last option.

I was going to do that in an attempt to get creative with my financing options so that there are no liens on it and I could borrow against it as an option.

Option A would allow me to keep it as a long term rental .

However, given that many sellers have locked in ultra-low mortgage rates from 2020–2021, the existing home supply remains constrained, which will continue to support home prices in certain areas.For investors, rental properties remain a strong option in an inflationary environment.

I'm honored to teach workshops and webinars at REI Accelerator and I've gotten to know the coaches and leaders there and I can say they are absolutely trying to provide value far beyond the cost of the program.REI Accelerator is focused on results, not hype, or emotion, or upselling this seminar or that seminar.