If they are in a higher tax bracket, you are helping them defer the tax payments into future years. 

Tax payment plan?  

Financial advisors recommend six months of ordinary expenses.  

Flipping is ordinary income subject to self employment taxes. 

But in this case, he's asking you to beat the bushes and find the deals, then he'll scoop in and make all the profit while you get ordinary commission.

Just so you know, you guys taxes won't be cap gains, they'll be ordinary income with self employment taxes. 

After tax calculations would add in the tax savings due to depreciation provided the taxpayer is able to take full advantage of the net passive loss allowance.

When doing a 1031 you have to have the same "taxpayer" that sold property buy property.

To calculate it, take the number of months you lived there before the sale and divide it by 24.For example, if an unmarried taxpayer lives in her home for 12 months, and then sells it for a $100,000 profit due to an unforeseen circumstance, the entire amount could be excluded.

Of course, these would be basic (i.e. ordinary and necessary) expenses of operating a rental property