![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1839632/small_1694643103-avatar-susanm197.jpg?twic=v1/output=image&v=2)
9 January 2025 | 11 replies
Investors often obsess over how to defer tax obligations and ultimately make poor investments due to being hyper focused on taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164030/small_1735885623-avatar-palomaw.jpg?twic=v1/output=image&v=2)
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2963476/small_1709480589-avatar-katies222.jpg?twic=v1/output=image&v=2)
8 January 2025 | 10 replies
If you paid under $230k, you’d save $30k in federal capital gains taxes and maybe another $15k or more in state income taxes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2499812/small_1661213053-avatar-keilonm.jpg?twic=v1/output=image&v=2)
7 January 2025 | 5 replies
Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2501844/small_1695659894-avatar-nhanp6.jpg?twic=v1/output=image&v=2)
13 January 2025 | 6 replies
Real estate investment can be incredibly rewarding, between the cashflow, appreciation, and tax benefits, it truly is the greatest wealth creation tool.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/824553/small_1694740534-avatar-ramos808.jpg?twic=v1/output=image&v=2)
14 January 2025 | 27 replies
They are mocking these up with interest only loans and factoring back in the tax deduction as if you qualified for the tax benefits of a real estate professional and factoring in the diminished first year property tax (since its not a full year).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1982235/small_1696945750-avatar-averyo3.jpg?twic=v1/output=image&v=2)
10 January 2025 | 22 replies
Not to mention the tax benefits it allows.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3146912/small_1732036961-avatar-henryj84.jpg?twic=v1/output=image&v=2)
14 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2906731/small_1703873453-avatar-nicholasd374.jpg?twic=v1/output=image&v=2)
7 January 2025 | 3 replies
Your requirements to defer all tax are to purchase at least as much as your net sale.
10 January 2025 | 5 replies
I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.