Its the City’s new way to enforce their Tax since so many weren’t paying

And I get to pay 20 percent capital gains tax plus depreciation recapture. 

Real estate has so many tax benefits and credits available, that I always tell people it's crucial to have a CPA that's extremely knowledgeable in this area.

Cash flowing markets, low taxes, landlord friendly and large demand in renters. 

A miscalculation can eat up your profits fast.Speed is Key – The longer you hold the property, the more you pay in interest, taxes, and utilities.

As Dan said though, there are many tax benefits.

But it became too hard of work and too much risk to be making just $30,000-$50,000 per flip (before tax).

Ask yourself, why would the federal government pay MORE than market rent and waste our tax dollars?

This would allow you to indefinitely defer all of the tax if you sold, and use the tax you would have had to pay, to purchase something nicer in an area with a greater growth potential.   

I’m looking for ideas of how to do this, and any advice on how to protect my primary property along with paying low taxes.