CPA Scott Elsworth walks you through the basics you’ll have to know (like why wholesale deals, retail deal, rentals, and selling with owner financing are taxed differently, and what you can do with deductions and entities to reduce those taxes), plus all those terms you’ve heard but aren’t really sure you understand (Componentized depreciation! 1031 exchanges!), plus the practical things that will save you money (how to keep records, for how long, what you can and can’t deduct) so that you can keep the records the IRS wants, and also pay the least tax you can, legally.