There are over 20 active CPAs here in these forum assisting RE investors with their tax planning and strategies across multiple States.

I took out the LLC and contact info since I didn't ask if I could share it. too small. we stay in the single family, triplex, and then 150+ units and above 10 million in construction values to get to instittuuioal level capital and income. you need to underwrite 3 million dollar checks. he's probably raising from friends and families on his first deal but I wouldn't touch a deal with my own money without non recourse debt or a clear development plan and exit.

If you don't have any of those, then just make sure you have backup plans.

If you plan to sell within a few year of making it your primary then don’t do the exchange until a couple years before you move in.

It's up to the City and their zoning/planning requirements.

If everyone is on board with the plan to wholesale the deal, you are responsible for finding an end buyer and assigning the contract.

App_mode=Displ...Also, our Governor Ron DeSantis just passed a "Squatter law" which always a homeowner to reclaim their property INSTANTLY under these terms The individual has unlawfully entered and remains on the property;The individual has been directed to leave the property by the owner but has not done so; andThe individual is not a current or former tenant in a legal dispute.First in the Nation to do so.Link to squatter article - https://www.flgov.com/2024/03/27/governor-desantis-signs-leg...Let me know if you have any questions about FL or plan on investing in the Sunshine State!

One attractive factor for me is the recent announcement of the tallest tower planned to be build by 2030 that was recently approved with  no height restriction.

Most of the clients, they will also work 9-5 but there will some that don't and you need to have contingency plans ready for those.Also, make sure to describe how intense those first years will be to your significant other, so they know what's to come. 

Hi Daniel, Would you be utilizing one of the units in the duplex as a primary residence or do you plan on renting both units from the start?