I think you could split after sale for a non-taxable event, the total basis transferred in would be split across the two "new" properties.Calling @Dave Foster to give his insights here, lots going on in this one.

Always nice to meet another Foster graduate working in technology :-)There are plenty of meetups in our city. 

Thank You @Yonah Weiss and @Dave Foster.

You need to set Quickbooks up correctly from the get go in order to get meaningful management information out of the system.  

@Dave Foster is correct as usual.  

Yes - I believe that odds are better at making an NFL roster than sustained modest six-figure success in wholesaling.Most of this industry is filled with broke no income no job, no assets types who paid a large educational fee to one of the ~5-20 major gurus in the space and will never make meaningful income.

This month, I added two new properties for this very reason: being local allows me to respond quickly if needed.Being prepared for any situation fosters trust with property owners.

Whether it's joint ventures, co-investing, or sharing insights, I'm always eager to connect with other investors who share my vision for success in real estate.My goal is not just to succeed individually but also to contribute positively to the real estate community by fostering growth, innovation, and ethical investment practices.

So you want to get into real estate investing or start a business in a new field and want to create meaningful relationships or potentially look for a “mentor” to help you get started.

With prices where they're at and rates still relatively high (even with the recent drops), I don't see LTRs anywhere in Colorado cash-flowing in a meaningful way.