You are merely adding expenses to your operation. 

Additionally, wholesaling is merely one exit strategy.

It seems like TT is making this more complicated than it should be for many.No, TT is merely following the letter of the IRS instructions.

But if you already structured the file, have all the needed documents in place and merely just need a transaction broker, I would imagine just about anyone would do this for no more than $1500. 

While many responders asked for proof, and pointed out that his claims were patently false, I merely stated that if what he claimed was true it was a result of the “bubble” but prices could decline as well as rise, and pointed out the 35-40% decline 2008 - 2012.  

He is not using you as a mere cash cow.

So rather than add another “sounds good, has anyone done it” strategy, I’ll merely lay out an actual transaction I completed (a number of years ago), which combined RE and Business for greater profit.I purchased an auto repair facility at bankruptcy sale for $115,000.

This should be accompanied by an endorsement, not merely an insurance certificate. 

The goal is to earn a profit, not merely recycle capital, and many wrongly prioritize capital recapture over profits.

It should be acquired for other reasons, in my opinion, with taxes merely being a side benefit.That said, if he qualifies for STR tax benefits - which is trickier than it often seems - then he can offset any type of income.