There is almost a predatory flavor to the quick responses and encouragement to undertake risky, complicated situations that are immediately posted when young, green investors introduce themselves. 

@Ken M..What I'm sensitive about is that I buy my foreclosure properties using creative financing, which is a little complicated and there are some overlapping laws that are being enforced in a couple of jurisdictions.

Yes, those expenses are deductible although the cell phone plan is a bit more complicated.

Hi @Patricio Acosta, nice to meet you here on BP..This is a common challenge for active investors bringing in capital without complicating their entity structure.

Finances while although complicated, are realitively easy in comparison to managing the rest of life. 

Whether it's insights into market trends, strategies for networking, or techniques for negotiation, these pieces of advice could prove to be immensely beneficial.

The new builds tend to list the home at a crazy high initial price, then do a price reduction within a few days, so they can show on their marketing that it's $100k off or whatever, just a general marketing/sales technique.

Sure, it may bring a deal with more money...but that usually comes with more complications and strings attached, which can end up blowing up a deal.

Negotiating on new construction is a different animal altogether, but there are techniques that you can utilize, especially when you are ahead of the development or negotiating with builder reps.

Coordinating with an estate planner is critical to ensure the transfer doesn’t inadvertently create a taxable event or complicate Medicaid planning.Refinancing / BRRRR strategy: Using the gifted property to refinance and fund another property can work, but you need to make sure lenders are comfortable with the structure.