In The Tampa Bay Area local investor in the items inside the home/business but looking to get with the right people to build a team.

How long did it take to complete those first three builds?

It sure seems like if this was a tv show those two had a secret relationship.

Building connections with like minded individuals to help each other achieve their goals is priceless.

You do it by building relationships over time and being an asset to investors.

A 1031 exchange doesn’t apply, but funding through a self-directed IRA can defer taxes, though profits from debt financing may trigger UBIT.To reduce taxes, consider forming an LLC for better expense deductions, offsetting gains with investment losses, or holding the property for 12+ months to qualify for lower long-term capital gains rates.This post does not create a CPA-Client relationship.

My wife and I are looking into building a duplex on it.since I am still learning on investing in real estate.

This can encourage positive word-of-mouth and build goodwill if they’re ever a reference for your property.Ultimately, focus on fairness and clear documentation.

If this is your 5th deal you should have already developed a banking relationship with a commercial banker.

What rate, term and amount borrowed did you get for the ADU build and what was the cost?