Whatever money they make off of securitization from the borrowers note is pure profit.

This is where we will go back to your primary goal (Owning a cool property that you use sometimes vs. a pure investment property). 

Once you have grown to the point where you are beyond house hacking and are purchasing for pure investment, not a place to live, then you can really start using the LLC or other strategies.   

Stop with the guru sites, the videos, all that nonsense is pure crap designed to drive the lazy into highly risky investments or investment schemes that will surely see you make a little or lose a lot. 

From a pure "numbers" standpoint, you're correct. 

And there’s no catalytic economic drivers for those areas.Don’t do it unless you are doing it just for fun and pure speculation.  

And people start seeing you everywhere providing pure value.Remember this is something you SHOULD do regardless.

Or am I just slapping you with pure facts, common sense, and logic?

@Katie Miller, I purely entertain referrals from other people who have had great experiences with niche CPAs. 

As of 2024, it shows the sell price as pure income and all the expenses isn't enough to offset the tax.