Assuming that the act of wholesaling is legal in your area, have all the costs associated with closing go through the title company. 

Time the Sale Strategically: Selling the property in a year when your income is lower can place you in a lower capital gains tax bracket, reducing the tax rate on your gains.8.Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9. 

But there are different degrees of sex offenders I learned.

Let they sign something that they'll cover all your costs associated with taking any of their advice.

In the next 1-5 years you could have some serious cashflow - why would you care about the associated taxes?

Hey Daniel,A great way to start connecting with other investors is by attending RE events and joining a local investors association.

., repairs, maintenance, insurance) associated with a rental property.

.- The numbers may have an impact on your decision.You may also want to read your condo's Home Owners Association Master Deed & Bylaws to make sure there are no restrictions on any type of rentals. - Many HOAs have LTR restrictions and some now have implemented STR restrictions.Also, hopefully you've updated the home insurance policy of your current STR rental from a homeowner's policy to a landlord policy.

Hello, I'm looking to build an ADU on a property and then convert the two homes into a Condo association.

I am curious if it is associated with bigger pockets?