**Seller Finance**: Become a lender instead of a landlord by offering seller financing to buyers, which can provide consistent payments and tax benefits ([Why Would a Seller Sell on Seller Finance | Seller Q&A](;t=363s)).7.

Are they willing to provide a few months of bank statements and last years tax return showing matching income?

Keep in mind by building and then selling the home you are going to be taxed at STCG (effectively ordinary income) whereas the land, could be taxed at LTCG.

We know this from historical tax court cases. 

But if you decide to sell to invest closer to you then a 1031 exchange can keep any tax-deferred while still maintaining or increasing appreciation and depreciation. 

If you're just looking for general guidance around a successful STR journey, I have some friends with deep insights into everything from REI tax strategy to marketing and creative financing.

I am a home owner looking for a tax professional who can help me get maximum tax deductions on my home.

Even if somebody came to him for help, he'd turn it down because the significant time involved (even will billing for it) and the costs to the client are prohibitive.There are lots of rules, I don't bother to know them all since this is avenue is too extreme for me, around IRA's and 401k's (and the various other tax advantaged accounts). 

If the basement was finished it would be about 1,500 sq. ft.Option 1- Fix & RentCost of Repairs: $10,000 (Estimate to get the house rent-ready, would leave the basement unfinished)Market Rent: $1,100Monthly Profit: (Rent $1,100) - ($700/month) - (8% property management cost is $88) = $612/month Other Benefits: Tax write-off, continued appreciation, continue to pay off mortgage, risk-management against my other rental property, passive income.

I only gross $5600.. after taxes, benefits, 401k. its only  $3800 a month.. and if I take the 401k loan that's another $1160 out of my check 4.