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7 Figure Flipping with Bill Allen
7FF 305: Tax-Saving Strategies for House Flippers & Wholesalers (What to Do Before the End of the Year)
We’re coming up on the end of the year…
Less than 2 weeks left.
And that means you’ve got less than 2 weeks to work on your tax strategy for 2019.
As real estate investors, we face some unique tax considerations.
Taxes can be your biggest expense.
But there are a lot of ways to reduce and defer your taxes for the year.
And getting this right could be the difference between taking home a healthy profit versus ending the year without much to show for your work.
So let’s talk about tax strategy.
On today’s episode of the podcast, I’m hanging out with my CPA Chris Picciurro as we walk through the 4 fundamental ways to approach your tax strategy and some of the specific things you can do to save on taxes this year and in the future.
This is going to get pretty technical, and we’re going to cover a lot…
Let’s dive in!
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757. [757] From $20K In Debt to Securing Your First Flip
39:25||Ep. 757What does it take to close your first deal as a house flipper?Peter Eberhardt’s journey in real estate investing started long before that first flip.He was 18, training as a bike racer in San Diego, and living off of credit cards. He’d racked up $20k in credit card debt. As a ride-share driver, he saved up the money to pay off the cards and buy his first multifamily property.Fast forward to 2024 ⏩Peter made the switch to flipping and found his first deal in 3 weeks…If you want to know what it takes to make it as a flipper and find more deals, listen in now!"I couldn't have done it without the group."That’s what Peter had to say about his experience in the 7 Figure Runway program.It’s proof of the power of a supportive community. Whether you’re aiming for your first flip or scaling your real estate business, being surrounded by like-minded investors, expert coaching, and actionable strategies can make all the difference.In 7 Figure Runway, you’ll learn step-by-step how to find deals, fund projects, and finish flips—all while building a strong foundation for long-term success. The doors to Runway are currently closed, but we're opening them back up in January. This is your chance to be the first in line. We have limited spots in our next cohort!CLICK HERE to Apply to 7 Figure Runway >>Catch you later!LINKS & RESOURCESConnect with Peter EberhardtInstagram - @petereberhardtSend Peter a text at 707-489-6236!1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping756. [756] Real Estate Investor Reacts to the 2025 Housing Market Forecast
14:40||Ep. 756Housing inventory is at its highest point in 15 years.The 2025 housing market is full of opportunities and challenges. With interest rates still stuck near 7%, affordability is at an all-time low.So how can investors win in this market? It all comes down to these 3 things. If you want to dominate in 2025 and know where to focus your efforts, listen in now!This year, I'm getting a bunch of the best real estate investors together throughout the year. People just like you, who are committed to doing deals and growing your real estate business. So if you want to get in a room of amazing investors doing multiple deals every month, just reply to this email or email me at info@7figureflipping.com. Catch you later!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping755. [755] Return on Equity Explained (& Why You Need to Track It)
05:59||Ep. 755What if your equity is costing you more than it’s making?Return on equity (ROE) is a critical metric. It helps you determine if your property’s equity is working hard enough for you—or if it’s time to reinvest that capital somewhere else.The last thing you want to do is end up ”house poor.”Listen in now!Real estate isn’t as complicated as you make it, especially when you follow a proven path to launch and grow your real estate investing business. Whether your focus is house flipping, wholesaling, or building a rental portfolio, the 7 Figure Real Estate Ready Room provides the tools, support, and know-how to help you achieve your goals.Join today for just $7 and get instant access to the course, community, and weekly live workshops!CLICK HERE to Join the Ready Room >>See you on the inside!LINKS & RESOURCESRent to RetirementCLICK HERE: https://landing.renttoretirement.com/gm-turnkey-rental-7figureflipping?ref_id=7figureflipping 1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping754. [754] Cracking the Code on Cash Flow
06:11||Ep. 754Cash flow tells your property’s real story.In part two of this series, I’m breaking down the cost of owning a property, especially if you want to grow your rental portfolio.We’ll weigh the potential long-term gains of appreciation and debt paydown against the short-term hit to your pocketbook as well as answer questions like “should I hold onto a property with negative cash flow?”This step-by-step approach will help you decide whether to keep or sell that investment property. Listen in now!If real estate investing feels like a puzzle, the 7 Figure Real Estate Ready Room gives you the tools to solve it. It’s where investors turn knowledge into action. From analyzing cash flow to scaling your portfolio, this is a community designed to guide you through the foundations of investing and connect you with peers...Join today for just $7 and get instant access to the course, community, and weekly live workshops!CLICK HERE to Join the Ready Room >>See you on the inside!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping753. [753] 2024 Market RECAP! (And Looking Ahead to 2025)
09:49||Ep. 753If you want to dominate in this market, now’s the time to sharpen your skills, refine your strategies, and get clear on who you’re serving. The insights I covered today are exactly what we dive deeper into inside the 7 Figure Real Estate Ready Room. This program gives you a proven blueprint to find and fund profitable deals, scale your real estate business, and build long-term wealth. I’m going to be hosting live weekly workshops, so you’ll have everything you need to succeed—regardless of the market. CLICK HERE to Join the 7F Real Estate Ready Room >> Let’s crush it together in 2025!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping750. [751] Part I: Should I Keep This Property???
05:32||Ep. 750How do you know if a deal is worth holding? In this three-part Tactics Tuesday series, I’m laying out the framework I use to evaluate rental properties. In this first episode, we’re going to focus on one of the most crucial factors: equity.Using practical examples, I’m breaking down:How to calculate after-repair value (ARV)The importance of understanding loan products and refinance optionsWhy equity growth (even without cash flow) can be a massive winThis is a simple step-by-step process of determining how much equity you could gain and how much you’re paying to get that equity. Listen in now!If today’s episode got you thinking about how to evaluate your deals and grow your portfolio, the 7 Figure Real Estate Ready Room is your all-in-one solution to mastering the art of flipping houses and holding the best deals for permanent cash flow. This program gives you a proven blueprint to scale your business without the guesswork.Join today for just $7 and get instant access to the course, community, and weekly live workshops!Our first workshop is happening this THURSDAY! CLICK HERE to Join the Ready Room >>See you on the inside!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping751. Turning a ‘Flip Gone Wrong’ Into a Lesson of Gratitude
06:39||Ep. 751Ever had a flip go completely sideways?I bought a house in Fairhope, Alabama meant to be a quick flip that turned into anything but… From running over budget to sitting on the market for over a year, this deal went from nightmare to something greater than just another sour deal. This is just one of the many ups and downs of entrepreneurship—and why gratitude is a skill you need to cultivate.I bought a house in Fairhope, Alabama meant to be a quick flip that turned into anything but. This is just one story of the many ups and downs of entrepreneurship—and why gratitude is a skill you need to cultivate.Are you ready to turn your real estate challenges into opportunities?In 7 Figure Runway, you’ll find the tools, support, and community to help you navigate the highs and lows of investing. Just like Adam turned a flip gone wrong into a family success story, our members are learning to overcome obstacles, adapt their strategies, and achieve incredible results.With expert coaching, proven systems, and a network of like-minded investors, you’ll be equipped to face any challenge and come out stronger. Don’t go it alone—join a community that’s invested in your growth and success.CLICK HERE to Apply to 7 Figure Runway >>Happy Thanksgiving!750. [750] This New AI List Building Tool is UNREAL
18:22||Ep. 750AI is revolutionizing real estate investing.I got the chance to catch up with Matt Kamp from DealMachine, a leading platform for lead generation and marketing. Matt broke down two game-changing updates that are revolutionizing how investors find and close deals including a new AI tool that builds hyper-targeted lead lists in seconds. From identifying hidden deals to creating niche lists that no one else can replicate, these tools are going to give investors a serious edge in today’s competitive market. If you’re not using AI in your business, you’re falling behind. Learn how to leverage this cutting-edge technology in your business! Ready to get more deals? DealMachine now includes UNLIMITED FREE SKIP TRACING with plans for our community (a $1,000+ value)! As a special bonus, you’ll get 500 call minutes and 50 postcards to reach motivated sellers and close more deals.With tools like AI-powered lead generation, LLC owner matching, and powerful marketing features, DealMachine makes finding off-market deals easier and faster than ever.CLICK HERE to Claim Your Offer >>Hope you get a ton out of today’s episode!749. [749] Should Real Estate Investors Stay in Florida? And When Should You List a House?
08:38||Ep. 749Florida’s housing market has more inventory today than it's had since 2019.From booming housing prices to 5 hurricanes in the past year, is Florida still worth the time and money for investors?This episode is near and dear to my heart because we’ve operated in this market for years. I’ve bought and sold HUNDREDS of houses here.So I’m explaining what this means for wholesalers, flippers, and other investors.Plus when the best time is to list a house (timing is everything).Listen in now!Navigating a shifting market like Florida’s requires strategy, skill, and the right mindset. It’s not just about buying and selling; it’s about knowing where to find the best opportunities, timing your moves, and preparing for what’s next.That’s where 7 Figure Runway comes in. This program is designed to help you build a sustainable, scalable real estate business that thrives in any market. Whether it’s running the numbers, mastering negotiations, or identifying the right areas to invest in, we give you the tools to succeed.Uncertainty shouldn’t hold you back. The path is already laid out in front of you.Will you take it?CLICK HERE to Apply to 7 Figure Runway >>See you next time!LINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0 7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://hubs.ly/Q01ggDLL0 7 Figure Real Estate Ready RoomUse this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost. CLICK HERE: https://7figureflipping.com/ready Connect with us on Facebook and Instagram: @7figureflipping