However, this provides tax benefits over time rather than an upfront deduction.This post does not create a CPA-Client relationship.

Consult an attorney and tax advisor to structure the arrangement legally and effectively.This post does not create a CPA-Client relationship.

Find some local REI meet ups to build real relationships with other investors and rental owners in your area.

Knowing this information will help you identify the right professionals to bring on board.At minimum, your team team should include:Financial Advisor: to help with investment strategies - portfolio diversification and risk management.Real Estate Agent/Broker: to help with property acquisition and market analysis.Accountant or Tax Advisor: to help manage financial records, tax planning, and optimization.Attorney: to provide legal counsel for contracts, agreements, and investment structures.Mentor or Coach: to offer guidance, insights, and industry knowledge.Networking and Relationship Builder (for everything else you will need): to connect you with potential partners and collaborators.

If you build a good relationship with a local realtor, they can assist.

If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.

This post does not create a CPA-Client relationship.

When it comes to creative finance, I personally lean more towards seller finance as I like getting to work with owners and building relationships with them.

Buying tax efficient assets like RE in retirement in not very tax efficient strategy.This post does not create a CPA-Client relationship.

I began building relationships with them by taking them out to lunch, talking about Real Estate, and just asking them if they would be willing to fund deals for me if it made sense.