I fund a lot of folks that do this. its just wholesaling dirt .. nothing sinister .. some try to actually buy it others try to tie it up and assign contracts.

Reach out to @Mike Lambert.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

Couldn't contribute to ROTH IRA in year of sale if sale this year.

This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.

Since you’re in Branson, feel free to reach out if you want to chat about the local market—I’d be happy to share insights and help you get started!

The way I look at this situation is this:Let's say the rent you can get at that unit is $1000 as is.

Sometimes this happens as zoning changes over time but the residential use remains legal.

With this being your first property it could be a big bite to take.

I think this principle applies to everything in life.