Real Estate Wholetailing: Close on a property and immediately list it on the MLS to sell at a profit.Owner Financing: Help the seller avoid capital gains taxes and give them a consistent passive stream of income without having to manage the property.While these strategies offer various avenues for real estate investment, thorough research, due diligence, and professional guidance remain crucial for success.

And yes, I already filed my 2023 tax return.  

In San Diego, we call it the Sunshine Tax. 

Bottom line all private and HML ers are free to change the terms at anytime .. they are not regulated federally like conventional lenders.

Then federal regulators step in and we all pay the price by getting shut out.

fbclid=IwAR3Ym8qIkzl0e19FhTBJAjcXy3gJsS-VM5-c2r4v684wIQWH5MVPIjt5xfM ... if they pass proposed regulations... there are at least three different proposals in that article...As an owner of multiple STRs here - I don't mind a $200 a year tax on them... it will probably keep out many operators that are not as serious... regulations so often end up benefitting bigger operators (eg. hotels) and hurting true mom and pops. 

Potential ways to spread their tax burden over years as well. 

They want to rent it out while they travel and get the tax benefits of being in Nevada.

Unfortunately, the insurance/property tax cost creep is what it is.

How are my taxes calculated and what years would I pay for the profit I make?