Any tips or resources would be greatly appreciated.Tax Professionals: I'm in search of a strategic tax professional who specializes in real estate investments.

- Tax Advantages?

Along with potential income flow and tax advantages, real estate also offers physical assets.

If you are set on selling, sounds like you can also do a 1031 exchange to defer capital gains tax on the sell which would strengthen your buying power as well.

The Book on Tax Strategies 3.

Thank you, Jay.In my limited understanding of interest taxing, there are states which do not tax such income.

Then later find out in underwriting that the loan officer did not calculate income correctly or used rents that do not qualify.You want to ask to see the math to see how are they running the approval it’s not just income, and rents it’s also what are the annual taxes and annual home owners insurance they are using to qualify.

No taxes on capital gains if you have lived in your primary residence 2 of 5 years

I’m curious as to the thoughts of a CPA here given the differences in tax implications generally between NJ and FL.

Split it down the middle and work it like a true partnership where the interest payment, tax, insurance comes out of the entity.