From the onset, you will want to be aware of tax implications of the real estate investment properties. One of the key determining factors is how the property is classified, and how it is used.
Between the episode with Natali and this one with Clayton, I think we’ve all learned a lot. I know a few people in the Community have decided to set up LLC’s for themselves to reap the tax benefits and I’m sure a few of you are googling “wholesale real estate investing” right now.
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