Based on your question, I'm assuming you're looking to flip this property rather than rent it out, is that accurate?

As wholesalers, we’re trained to look for distress—motivated sellers in tough situations, properties needing major repairs, or financial struggles forcing a quick sale.

Louis area and I work for Remax Best Choice.I used the cash-flow calculator to check the 6 properties we just closed on.

Love your journey so far—turning that first property into a big win is inspiring!

LLC Taxation for FlippingSince you’re flipping the property in under 12 months, the IRS usually treats it as ordinary income because it’s considered a business activity, not a long-term investment.

Inheriting it is the best option tax wise- because it gives you a step up in basis to the property's value on that date. 

Not sure if your property is in that area as you are a bit West.

Would you suggest subdividing the property, building a single house, or building multiple cottages/ tiny homes?

The property company they use was also very thorough in the way they handled the property.

Hi everyone,I'm curious to know if any property managers here send feedback forms to tenants after they've moved out.