If you do a live in flip with an investor, how do you account for the taxes when you sell the property and the profits that you will send the investor.

I can’t believe how many investors are so focused on buying and not how to KEEP THEIR PROPERTIES or KEEP TRACK OF THEIR PROFIT AND LOSS.

Acquired lot, designed house, obtained approval, managed construction, sold for profit.

It has some value, but the prospects of finding a buyer in that market are slim.As the title alludes, would leveraging this land and using the money to purchase local rentals be a profitable venture.

Also how do I know if A property is profitable or not?

The comps and the neighborhood have to support it also but I totally could have done a typical flip and made a generous profit as any flipper would but I couldn't live with the quality that it presented itself.

The tiny home profits 1,700 - $2,500 a month.

It's going to cost you a share of your profits, but it might be worth it to you for peace of mind and for the experience you will gain in the process.

We made a nice profit and I learned tons.

It may sound counter intuitive but if you can find an investor locally who is willing to let you split the cost of investing and split the cost of the profits you are far better off.