They are having to decide between paying capital gains tax by missing the deadline or paying higher for scarce properties. 3) Biden's proposed tax plan is threatening the highest-earning 1031 exchangers (please don't make this a political debate).

Hello, I live in IL, I am a first time investor looking to start by Flipping a few homes to build capitol and to build a better relationship with my agent then from  there in corporate the brrrr strategy.I would like to know the tax rates, Federally and State, What percentage should I be using to put money away for taxes? 

I assume any judge, regardless of their political affiliation, will be able to quickly ascertain if someone was actually impacted (e.g. you received a pink slip, tried to find more work, could not, etc.) or someone is gaming the system.All the more reason why you should consult a lawyer.

(other than the political angle, of course)

And, also doing Instacart grocery raffle giveaways since people are trying to avoid entering grocery stores. 2) Offer 6-month lease terms to prospective renters that do not want to commit long-term due to uncertainty, 3) Propose furnishing two units and offering short-term corporate rentals, 4) in place of lowering the rents offer a two-month free rent concession on an 18-month lease term.In addition to the pandemic being a hurdle to leasing these luxury units, there is construction next door to the building that will not be finished for another year. 

One other thing you could consider is using it as a Corporate Rental and market to large companies that want to host company off-site events to which you would certainly garner a premium rate.

Not only is it on lockdown (so less visitors), but because of budget shortfalls they just approved a property tax hike of 34%. https://www.tennessean.com/story/news/politics/2020/06/17/nashville-approves-new-budget-34-percent-tax-hike-increase-funds-police-schools/3200993001/As others have said, a lot of areas are doing great for STRs right now, particularly places that are away from the masses.

AAA Corporate (best) or just the business assets (shaky).

So, while there are many economic and political uncertainties, indicators strongly suggest that the Austin and Central Texas area is weathering the economic storm and that the decade-long boom in Austin's housing market was real and sustainable.

Want to exit corporate america asap.