Appreciate you sharing @Julio Gonzalez - these are great tips for year-round!

just closed on the building. need to do another round of final repairs on 2 units.

It only increases the rate of taxation for your next dollar.I will illustrate with a simplified example, using rounded numbers instead of real ones.Let's say you are single and making $180k in W2 salary.

But if you connect with some wholesalers or those rounding up Subto deals you might find some good leads.

Other highlights:Lawyer costs to draft this up ~$1000 (started at $500, but we had 3 rounds of edits)Agreement helped shed light on "what happens when" moments.

@Ryan Boren, if you don't want to pay these closing costs, think about financing them in a round about way.

You’ll want northern counties to be able to rent year round.

I’m pretty sure I could round up money for a cash offer or do a seller financed deal.

As a lawyer focusing on tax planning, l can say I’m a strategist as well along with my CPA partner but its more of a way to show prospects what we focus on.However, you’ll want to look for companies who are focused on year round proactive planning for RE investors vs a pure 1X compliance model in your situation.

20M visitors per year, very landlord friendly, zoned correctly in areas for STRs (likelihood of this changing is very low), 73 degrees year-round.