It's there to prevent hiding behind LLCs for shady reasons, including tax evasion.

The IUL simply acts like a Roth IRA when we look at tax deferred growth and tax free income.

Hi Ian, Because 1031 exchanges are a method of tax deferral, not tax avoidance, you will need to go back and look at the original property's "basis" when estimating your capital gains tax.

Since then we've had nurses and doctors and such book directly through Airbnb or start the request through Airbnb and then we went offline and signed a lease without paying fees and taxes and such to Airbnb.Does anyone have any experience with other sites? 

A break-even duplex in CA has the potential to have high cash flow in just a few years due to the following 1) low prop taxes increase of 2%/yr 2) low turnover due to rent caps 3) 7-10%/yr rent increases 4) better tax shieldingThe real question is whether you’ve underwritten the duplex correctly.

I've been talking with my accountant to try to figure out tax implications or deferring taxes through a 1031.

If one is renting out a percent of their personal property, that same percent of the profits will be subject to capital gains tax at the time of sale.

I can prepare a tax return but I hire an accountant because they are experts.

"Legacy Wealth + Tax Strategy of 2-30 years" aka which means nothing.

Not sure if interesting, but my buddy just launched a tool to help find off market properties across the US based on tax delinquencies, probate, pre-foreclosures...etc. the moment the information gets published from the municipalities so you're the first call/email the owner receives.Happy to connect you to him if interesting!