I can't say that same logic applies to JP, but it's a place to start.Also, are you going to be hit by inheritance tax on the home? 

Fix and flips, tax liens, mortgage notes,  rentals,  Airbnbs?

I know there will be taxes and fees I must pay to do this.

An LLC could be a smart move for liability protection and tax reasons.

Hey @Christina Galdieri, I am a bit confused on your question but in general: If your asset is sold after 12 months from buying it, those gains are considered long term capital gains and taxed at a reduced rate. 

Hi All,Is it possible to avoid capital gain taxes if I use funds from an investment account to BRRR a property and then return all the funds to the account within the same year?

Hey Landon, I only know of one tax court case where someone with a w2 was able to qualify as REPS.

They have full real estate cycle experience, conservative leverage at around 40%, diversified thousands of properties across geography, and tax that they feel are recession resistant.

Also I am trying to file taxes without a cpa.

I see lots of posts about trying to do this as a way of circumventing taxes, but nothing about doing it as a way to increase W-2 income.