Less than 1% of people who “try” wholesaling earn more than minimum wage.  

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While it’s easy to get caught up in sourcing and closing deals, neglecting these areas can jeopardize your financial growth and security.A well-crafted tax strategy enables you to maximize deductions, take advantage of beneficial tax structures, and retain more of your earnings.

One issue is whether it will be taxed as earned income as a business or passive income.

By acting as the middleman between sellers and buyers, you can earn profits from the difference in pricing without needing to own the property yourself.To succeed in wholesaling, focus on these key steps:**Research the Market:** Understand local property values, emerging neighborhoods, and the types of properties that are in demand.

I'm open to any opportunity even I have to go do a training for couple weeks I really want to earn more.

Knowing the market is not just about sq footage but what is in that extra space.

It isn't an insane gain, but it is an extra $500-$600 a month when completely rented out, lets you capture two low risk long term tenants that are on legal leases, and push yourself to cashflowing despite 7% interest rates. 

These two elements often get overlooked in the excitement of deal-making, but they play a critical role in the long-term success and sustainability of your investment journey.A well-thought-out tax strategy helps ensure you're maximizing all available deductions, utilizing the most favorable tax structures, and ultimately keeping more of your hard-earned income.

I would also suggest reaching out directly to fix-and-flip investors in the area, offering to help with their projects, as many investors are always looking for extra hands.