On the CPA side, I always tell note investors the numbers only tell half the story—the structure and tax treatment can make or break your returns.

Not because the IRS requires it, but because it makes audit conversations a lot cleaner and avoids unnecessary back-and-forth.And don't forget, to actually take advantage of STR tax treatment you'll need to materially participate by the end of the year by putting in 100+ hours and more than anyone else.

After phone screen and no-shows we usually end up with 12-15 in-person showings and we batch them over 2 days - a weekday night 6-7pm and a weekend day 1-2pm or so.Maybe it's less for Minneapolis, but if you are getting the silent treatment from the market you have two choices: cut asking rent or take it off the market and call some contractors.

If you hold property until you pass, your heirs inherit it with a full step-up in basis to fair market value, so all the depreciation you’ve taken during your lifetime essentially gets wiped clean.A simple revocable trust doesn’t change the tax treatment (still preserves the step-up) but it does make the transfer smoother by avoiding probate.

Tax: At year-end, tax treatment may differ from your bookkeeping.It’s important to have someone who understands both tax and accounting.

Over the years, I’ve noticed that one thing quietly eats away at returns for both new and seasoned investors—tax treatment and deal structure.Too often I see:Great BRRRR deals that look strong on paper, but after depreciation recapture or a poorly timed refinance, the returns shrink dramatically.Investors selling a property without considering a 1031 exchange—losing 20–30% of equity to taxes.Partnerships where cash flow looks fine… until one partner’s tax situation is completely different from the other’s.Here’s my question to you all:1.

I will soon be selling some vacant lots that qualify for capital gains treatment.

Quote from @Tyler Pietz: I am the looking into the tax implications of a subject-to / loan wrap deal on a primary residence from the perspective of the seller/lender; specifically, the treatment of the interest on the existing mortgage post-sale and whether the seller may claim this as investment interest on schedule a / 4952 to offset the interest income from the new loan.Does anyone have any experience with this?

My recommendation would be to arrange an initial consultation with a CPA to plan your tax strategy and ensure your operation is setup for scaling and the most favorable tax treatment.

IRC §351 may allow tax-free treatment if you receive stock and retain at least 80% ownership, but a quitclaim deed without issuing stock usually fails this test.