House hacking it for a year or so, could allow you to build up extra funds for a future down payment, furnishings, and other costs. 

I am still doing the same work but set up the LT and LLC to provide improved asset protection but obviously want to structure my business so that I have both asset protection while maximizing tax benefits that i can.To be fair to my CPA he didn’t say this would be an issue, he is in the process of doing research to verify the impact of the organizational structure changes and I was looking to educate myself in parallel obviously hoping my research and my CPA’s landed in the same place.

He apparently counsels people and helps motivate them to build their portfolios.

The new investment earns $24,000 a year, but the mortgage + the equity loan cost will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Because of material participation I can deduct that $350k vs other income.Using combined federal and state tax rate of 40% x $350k = $140k in immediate tax savings.

I have only done new turnkey builds in SWFL and a couple in Central so no advice on flips or wholesaling in FL but I'm interested in expanding my knowledge as well.

You can also import lists if you've gotten one from a gov office, like probates or tax liens.  

I'm not new in this space and know how to build long-lasting relationships over many years.Is there something I'm missing about the dynamics of hiring smaller contractors (handyman, landscaping, etc) in San Antonio? 

Would there be a capital gain tax to pay from the sale of the PR business once the U.S. real estate was purchased? 

Hi everyone,I'm pursuing a deal on a mixed-use building in a prime location.