Debt is tax free, sale proceeds are not.

Do property managers make it easy for you to get financial info and do your taxes?

Did a "hard money loan" with family using gift tax exemption and trust as collateral (despite what Dave Ramsey says, my father and I have an incredibly strong investing and personal relationship).

1.Subscribe to the BiggerPockets Money and Rookie Podcasts2.Attend the FREE WEBINARS3.Attend a Meetup in Your Area / virtual meet ups4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy5.Peruse the forums!

We have a lot of investors on the platform and have a partnership with BP so you get access to most features for free with a BP Pro plan - https://inveloapp.com/bigger-pockets.Let me know if you have any questions.

If you ever want to connect to learn more about the financing side of real estate investing, feel free to reach out. 

I am looking to purchasing a property with investors and trying to figure out how to structure it so that the corporation can receive the tax benefits of managing the property.

Feel free to ask away..

I lived for free and did just fine waiting tables!

The rate difference between FHA and Conventional is actually over 1% right now for Multi family propertiesCurrently the rate offered is 6.75% and 193/m in PMI (private mortgage insurance)That makes the payment with taxes and insurance roughly:$3453/monthTaxes were $3820, and insurance is $1800/yrCurrently this building can rent each 2 bed unit for up to $1800/m with tenants paying all utilities.All in cost to close is: $71,414.64If you rent both units for $1800/m you can expect gross cash flow of $147/mThis is the reality of buying a turn key duplex in the area using todays rates and prices.I want to stress, that this is actually considered a great property and deal in todays market for the areaYes, prices are high, and so area rates...My goal is to show what is actually going on.