I’ve seen a lot of owners sitting on meaningful paper losses but unable to use them because they’re missing proper structure or documentation around participation and REP.

Investors reduce the impact by structuring flips separately from long-term rentals, properly capitalizing rehab and selling costs into basis, planning the timing of income and estimated taxes, and pairing flip income with depreciation from rental properties where allowed.

What we don't have is a strong CPA to do our business and our personal taxes moving forward with a more complicated tax structure.

With rates staying elevated and deals tighter, I’m curious how folks here are adjusting on the lending side.A few questions I’ve been thinking about:

-What LTVs are you comfortable with right now for fix-and-flip...

Spending time talking through why certain deals worked (or didn’t) with active investors is often more valuable than any spreadsheet.Happy to share perspectives or compare notes on submarkets, deal structure, or what people are seeing on the ground as you continue learning.Looking forward to seeing you around the Houston discussions.

There are also purchase and refinance programs for investment loan programs that can help you scale faster and exit your day jobs more quickly as they will allow purchase loans to be structured with AirDNA and refinances to be structured with STR data.

I underwrote several deals, including one commercial and another residential oppurtunity that ultimately didn't pencil, which reinforeced my focus on deal quality over speed.Right now I'm actively underwriting and tightening my acquisition systems (deal analysis, capital structure, contractor vetting) as I move toward my next purchase.

Been investing on US side (under LLC/LP) structure from past few years. 

If you ever want to talk through how people structure that or just compare numbers, I’m happy to help.Bottom line:- Don’t force a deal just because it’s local.- Do choose a market that fits your financial reality today.You’re thinking about this the right way.

.: We own 119 acres.We started with 40,than bought neighboring properties of another 45,18 etc for the total of 119.It all joins together.We have no structures on it and know we will have capital gains if we sell it and don’t do a 1031.We have talked about building a small cabin and living in it a few years and than selling it all or keeping the cabin and 34 acres and selling the 85 acres that’s left to hopefully avoid some capital gains.How does that work on selling 85 and keeping the cabin and 34 acres in regards to capital gains.There are at least 4 different issues in your question, and it's best to look at them separately. 1.