Quote from @Briley Roe: My cpa explained that I should only be getting taxed a capital gains, not ordinary income tax.

Hey everyone — I’m working on growing my cohosting business and looking to connect with others who are a bit further along in the journey.If you’re running a cohosting business with around 3–5 clients, I’d love to swap notes, hear what’s working for you, and share a few things that have helped me get traction so far.Thanks in advance, looking forward to connecting with others in the space! 

It’s a strong market for building experience and momentum.Charlotte is a healthy, growing market with better appreciation potential, but the higher entry cost and competition can slow your first few deals.

I’m in the early stages of my real estate journey and joined Bigger Pockets to connect with other investors, learn from people with more experience, and surround myself with individuals who are actively growing in this space.My background is in renovations, and I run Precise Home Renovations LLC, which has given me a strong understanding of construction, materials, budgeting, and project management.

I’m a former West Point Army engineer officer turned project manager and the founder of Generational Growth.Generational Growth is built on a simple idea: grow and give with abundance.

Turnkeys are also a great way to grow or diversify a portfolio without worrying about rehabs or day-to-day management.

I earned my real estate license in 2019, just before the pandemic, and that experience fueled my passion for real estate and long-term wealth building.I’m now focused on growing my investment portfolio, exploring multifamily opportunities, and learning creative financing strategies.

Elon Musk's SpaceX is not the only game in town for Aerospace as the industry continues to grow in Austin.

You could also think about partnering with a family member or close friend, sometimes bringing someone on board can let you grow faster and share risk.If you go the flip route, remember profits are taxed as ordinary income, not capital gains.

A Roth conversion inside the Solo 401(k) also works — you’ll pay regular income tax on the conversion, but future gains grow tax-free, and the IRS doesn’t apply UBIT to Solo 401(k) accounts.