Hi Guys, Need some help.I own a condo and a triplex (both put down 20 percent in December 2021)They are both on variable interest (which was a terrible move looking back now as both monthly payments have gone up by at least $1000.I work in real estate as a project manager for renovations on apartment units.How do i make real estate investing (on my own) or another career path in real estate an option as i want to work for myself.I am from canada and would love to learn more on analyzing properties, tax strategies etc.thanks

I'm not a CPA, but a big kickback from sellers that have a ton of equity is they do not want (rightfully so) their property taxes to increase when they trade their home.

Biden's tax plan is set to eliminate the 1031 tax exchange.

Running the numbers includes calculating the ARV, and estimating the following: rehab costs, closing costs (I use 10% of ARV, that will cover a buyers and sellers commission at 3% each and 2% closing costs on each of the buy and sale), funding costs, staging costs, insurance cost, property taxes while you own it, utilities while you own it  Other tips:Stage every house you flip unless we get back to a stupid market like we had two years ago where you got 20 offers on the first weekend at $50k over ask with no inspection contingencies.

I am in need of reputable outfit that provides consolidated  Family  Office Services under one roof in Sacramento  area( Asset Protection, Trust and inheritance, Tax  services and strategies  and   Financial Advice for  Real Estate Investors ).

His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base.

Our goal is for me to buyout my siblings and to own the house myself while maintaining as much of the prop 13 tax basis as possible. 

My goal is to learn tax deed investing specifically and start my financial freedom journey.

Obviously taxes play a part.

My current focus is on expanding my portfolio by acquiring and developing a new property, but I want to ensure I'm making the smartest moves for tax efficiency, equity growth, and risk management.BackgroundI own two properties: my primary residence (Prop 2) and a long-term rental (LTR, Prop 1) that's close to being mortgage-free.