Hi im new, I recently turned 18, and I im asking for someone who is experience enough or wants to be of help for me to start wholesaleing. 

Knowing your current state comps is a great place to start and a real estate agent can help pull those figures quickly. 

But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.

I’ve helped on a few developments in the CS area.

I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.

If you need any help running the numbers, feel free to reach out to me. 

Great questions - a lot of our borrowers will tap the equity using a refinance in order to purchase their next investment property.Feel free to give me a shout anytime, happy to help!

Purchase price: $425,000 Cash invested: $5,000 Helped my past client out of a difficult situation.

When I learned about the situation, I knew I wanted to help preserve the family property and also create a solid investment for my future.

Any insight here would be helpful?