Obviously, each bears certain risks, and usually the agent would advise on these topics in the beginning.

Quote from @Jason Bohling: @Dmitriy Fomichenko here’s a link briefly describing what I’m talking about:https://www.cnbc.com/amp/2024/10/24/income-limit-for-0-percent-capital-gains-bracket-2025.htmlJason, you are describing selling long-term capital assets held in your personal name.Dmitriy is talking about doing a roth conversion.Two separate tax topics. 

Being specific about geography, price points, willingness to take as is properties, speed of decision making and closing, whether you are a cash buyer or not, property specs....that will go a long way in your brand as a good match for an agent.

Here is a good five minute bit from all in podcast discussing this topic https://www.tiktok.com/t/ZP8F5dV3K/

@Elan Adler do it as a token of appreciation and a pay ahead for other folks that search  BP agents and realize this.The decision to pursue this property isn't terrible, but I think it's for different reasons.

Your wife as conservator/guardian has an obligation to her mother and selling the property to herself creates a conflict of interest in that she stands to benefit as the buyer and is also making decisions for someone else as the seller.2.

We want to detail the responsibilities, capital contributions, profit and lost sharing percentages, decision-making process, have dispute resolution methods, and exist strategies.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

In a year I’ll need to make some decisions.

Not only is it very difficult but also leads to poor real estate investment decisions/ rejecting opportunities that require patience while attempting to achieve the W2 replacement as quickly as possible.