On the other hand, someone who is flipping lots of properties every year can significantly reduce their transaction costs by flipping.

Reduce The Likeliness of Single Night StaysSo imagine that you have a property listed for $220/night.

I am looking for ways to maximize my cashflow by reducing my expenses.Curious for suggestions that make a difference!  

That being said, I don't know your situation but there are million ways to make more money  the side and/or reduce expenses between now and July.  

She wrote the check for 104k total, I brought the deal by always staying on top of the auctions, I handled the eviction process of the non-paying previous tenants, coordinated and managed the rehab, and will manage the rental for a 50/50 split of all cash flow and any equity earned beyond her 104k investment.

However, it also depends what exactly those expenses are, e.g. unnecessary payroll would be something you should be able to correct (and if you lower it, you increase the value of the Facility); high flood insurance or excessive property taxes are what they are and typically cannot be reduced, very well throwing off the "industry standard".Typically we recommend buying a Facility as it is currently performing (past 12 months) and use a pro forma only for where you can realistically take it. 

She wrote the check for 104k total, I found the deal w/ my experience at auctions, evicted old tenants, managed the rehab, and will manage the rental for a 50/50 split of cash flow and equity earned beyond her 104k investment.

She wrote the check for 104k total, I found the deal w/ my experience at auctions, evicted old tenants, managed the rehab, and will manage the rental for a 50/50 split of cash flow and equity earned beyond her 104k investment.

@Anthony Blasko, put it in an interest free account or give any interest earned back to the tenant.

Hi Everyone,Does anyone knows what are the best legal ways to reduce your taxes when:1. you are giving hard money loan and getting interest on your money2. you are partnering with an LLC and giving money for a flip and the flip makes money