Being in an LLC has ZERO tax benefits.

Initially, I was planning for a quick sale and contacted my private money lender for a hard money loan.

They also come with a 15-20+% tax bill when you sell them.  

The way foreclosures are offered varies greatly around the country, and we don’t know where you are located… but where I am at they are all cash affairs, with the money due within 24 hours of winning the bid.  

Finding the true appreciation rate for specific towns can be a bit tricky, but you can start by looking at historical sales data, talking to local realtors, or even checking out some online tools that track market trends.If the condos you’re eyeing aren’t meeting the 2% rule, it might be worth reconsidering or at least getting a more detailed breakdown of potential long-term appreciation and other benefits, like tax advantages or rental demand growth in the area.

Heres the scenario:Selling our first rental property, currently in contractPlan on doing a 1031Would like to purchase a single family with hard money, perform a rehab, rent it out, and refinance our money out.Is this possible with a 1031?

So it is a disregarded entity where the tax should flow to my 401k.When I try to open a business account with Fidelity, I filled their form to explain that the owner is my 401k and the manager is me.

Tax Strategy: We are keen on implementing a tax strategy that allows us to maximize our deductions and reinvest in the business.

IE; If you are looking at a P/L for last August, but annual property taxes are due November, you are not getting a good "monthly" snapshot.If this is due diligence, you will also want to verify the data being placed into revenue and expense.

I am a Dan Diego RE investor and most of my purchases were easy to see that they would make money.