ADU is easier to get the permit and neighbors can't object as much as your garage conversion.

Each transaction is unique, and we must guarantee that the conditions fit with the objectives of the investors.

So I see a lot of questions about ways to lower taxes.Remember, the objective is not to minimize your tax liability as much as it is to maximize the net present value of the transaction.As someone once told me an interview that I did not get the job for, mouths get fed with cash.Tax planning is really a legal structuring and restructuring of a transaction so as to maximize the net present value of said transaction.Remember when I restructure the transaction I restructure cash flow.But those cash flows and their values from a tax standpoint are often based on timing, character, taxpayers involved, and jurisdictions among other things such as risk profile.When I adjust those factors I am adjusting the value of the transaction (expected future benefits), e.g., a deduction taken earlier at the maximum ordinary rate in a state with no income state is more valuable than a suspended long-term capital loss (oversimplified but not a terrible example).

My main objective, in the here and now, is to acquire as much knowledge/skill --becoming a PM, improving communication, marketing, etc. -- as possible to ensure that I am as "ready" as possible when I am in a solid financial state to pull the trigger!

I'm actually happy to pay high taxes because, all other things being equal, the higher my taxes, the higher my ROI so I'm better off and society is better off.If however your main objective is to be paying the least possible amount of taxes, you might also take into consideration the fact that real estate taxes are close to 0 in Mexico and can be very high in the US.

"Wholesalers exist because the market needs them"- I have no moral objection to wholesaling, but can we at least be honest about it.

@Nick RutkowskiLike Tom Cruise said, I strenuously object.

My wife objects to putting our personal assets at risk for such an investment.

1) Rome wasn't built in a day... just like a successful RE portfolio. 2) Just like everything in life, you gotta sort through a lot of BS to find a great deal.3) Be objective and don't make fear based decisions.4) Cookie monsters will always say cookie is the best food no matter what..

No system is perfect, so don't waste your time chasing after the next shiny object.