You can always use a software like Turbo-Tax and follow the prompts.

Would love to learn more about what you are wanting to do via wholesaling. 

Quickly I learned I knew nothing about the business of trucking and truly didn't enjoy it, as all those gains got depleted.

Avoid basing it on uncontrollable factors like taxes or insurance.

Feel free to reply here or DM me—I’d love to learn more about your investing strategies and see how we can help each other succeed.Wishing you all a successful and prosperous 2025! 

@Cory Prior I would say it depends on what you want to learn.

Initially the numbers were 40k for rehab cost Lessons learned?

but if i go in a LLC with them i get hit with the tax from the sale of the homeThe GC and the flipper were just going to split the profits from the sale of the home and they were going to pay me 2%/12% for the duration of the build. 

Always happy to connect and learn from others working in this market.Looking forward to hearing what you think!

Hello everyone, I am reaching out to the BP Community for suggestions.My Portfolio100% owner of 7 SFH PropertiesGP in about 30 SFH properties(of which I own somewhere between 25% to 50%)All but two properties are managed by a PM CompanyNet worth of the above is about $2,000,000 - $2,500,000My IssuesI have many SFH's - Which take up time(Currently spending time paying property tax and insurance, requesting quotes on insurance policies and overseeing the PM Company(approve rent increases, approve renovation projects, etc).They also take up head-space(having to remember property addresses, remembering when property taxes are due)(I have reminders/systems but something I would like to reduce)Goals1) Spend less time on Real Estate2) Free up head-space2) Make $240,000 annually from real estate(Which I think is not to hard if I can increase my net worth and can get an 8% return)Possible Solutions1) Sell all the SFH's and buy 4-Unit Properties to take advantage of conventional financing2) Sell all the SFH's and buy one large apartment complex3) Sell al the SFH's and invest in syndications4) Sell all the SFH's and purchase stock / bonds5) Continue to hold all the SFH's6) Any other suggestionsOther Considations1) Should I consider private notes?