Hi everyone, I have quick question, bought a propoerty on 03/2018, ever since then I have a lot repairs and is not cash flowing, will there be any short term tax involved if i want to sale now on 08/2018Thanks

I am new to investing and am trying to be involved in any real estate dealings I can, to learn and network.

We haven't had much experience with the taxes involved with rental properties, but are trying to optimize our potential deductions.

That would probably your best bet. 

As a community i bet we would all crowdfund a project with a quick turnaround (3-6 months) in between our deals for a reasonable return (5-10% depending the experience of the developer)2.

Forgot to mention, this involves property in nj.

I have no involvement in the deal at all, or transaction, contract, not a consultant.I set-up a quick LLC for them to pay me under, and opened a bank account for it.

I started out with sweat equity, moved to the point where it was a contingency plan if something went wrong, and now I am rarely involved the physical side of remodel projects.

Each property after that I want to be less involved with the dirty work and more and more on the management side expanding my business. 

Thus, it is important to look at such factors as the number of trades, the average holding period, the sources of income, the taxpayer's ongoing involvement in the activity, and the percentage of available trading days on which trading activity occurred (Holsinger).If you are a trader, you have the option to take home office deduction as an ordinary business expense.