We provide a complimentary property-specific analysis for investors exploring the benefits of cost segregation.

When that area was built, people flocked to it for it's affordability, but over the course of several years, it became like a ghost town. 

I flew in town, ended up setting it up - they finally hired a task rabbit person, as their team would just deliver a box and leave.

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Seacoast NH, for example, has some great potential with short-term rental markets (Airbnb, VRBO), especially in towns like Portsmouth or Hampton, but the regulations can be a bit tricky.

I use one of the most expensive snow removal companies in town for a 16-plex that has 240 linear feet of sidewalk and 10,000 square feet of parking lot.

Quote from @Craig Parsons: I'm working a flip in a commuter town about 60 miles south of San Jose CA.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Or we've also been exploring moving to a district with a better high school for the kids in a few years and turning the current place into a rental.

I'm analyzing a mountain/lake town about 4-6 hours out from 3-4 fast growing cities.