But a 1031 exchange allows you to delay those taxes by reinvesting proceeds from the sale into another “like-kind” property.Here’s what you need to know:The deferment isn’t permanent You have 45 days after the sale to formally identify potential replacement propertiesYou must close on the new property within 180 days of the initial saleThe relinquished property and the replacement property must be held for investment or use in your businessThe replacement property must be of equal or greater value than the one soldA 1031 exchange may be the right choice if:You plan to upgrade to multiple or large properties (instead of losing a chunk of your profit to taxes, you reinvest the full amount from the sale to boost buying power.)You want to diversify assets (1031 rules give flexibility within real estate – e.g. exchange an apartment building for a commercial space, raw land for a development site, etc.)Having a better understanding of bonus depreciation and 1031 exchanges can help you make a more informed decision when it comes to your investments.What are your experiences with these two tools?

If you’re ready to start getting serious about your tax planning and accounting — especially with strategies that boost cash flow through tax savings and creative structuring — feel free to shoot me a DM anytime.

. • Add value—furnished mid-term rentals (like for traveling nurses) can boost returns. • Include rent credits and a locked-in purchase price over 3–5 years. • Option fee can be small, applied toward the purchase. • Make sure you get subleasing rights so you can actually cash flow. 

Or let them have it, it will boost your position in the rank of buyers...It's all just a game, do what is best for you. 

That hybrid approach can significantly boost occupancy and nightly rates.Another area that often needs work is communication.

It's such a huge boost to your financial health.I'm a bookkeeper/accountant, and I house hacked a SFH for 3 years.

Hey could also claim he was mentally ill, not of the right mindset, he could argue he did not sign the agreement someone signed it for him.

If everything needs to go perfectly for the deal to make sense, you've got to create a matrix of paperwork and hope your contracts are really bulletproof, and pray the loan never gets called and nothing ever goes wrong and do mental gymnastics to justify it, then it's not a deal IMO. 

I used the same logic so since I had mentally marked my investment in AVAF1 down to $0, I asked myself, if I had the amount of the capital call available today to invest in this as a new deal, would I do it?

But always check with a CPA or attorney who works with real estate investors.When it comes to property type, SFHs are often a great entry point—lower tenant turnover and easier to finance—but if the numbers work on a duplex or triplex, that extra unit can boost your cash flow and minimize risk.