Hello,A job relocation to San Francisco CA early this year is making me ponder if I should be selling my owner occupied duplex in Jersey City and buy something in Berkeley CA due to its proximity to San Francisco and has some fairly decent schools  for my kids and also UC Berkeley .The low  2.5% interest rate on the Jersey City property turned into a golden chain but I think I am done with managing tenants and property and would like to get more into an Equity play.

This property also plays a strategic role in the broader development project for the area, which includes 12 patio homes and two duplexes.

If you want to pack and feel like the Lone Ranger, buy a ps4 and play red dead redemption.

@Catherine Curtsinger To play a little devil’s advocate I have been house hacking for 30 years.

Dealing with termites is never a fun situation.

Their goals and upcoming upcoming purchases may come into play. 

This way the investor has a quality property where all the payment is going to the mortgage so equity builds up fast and they can take the re-advanced funds and WAIT for the right opportunity for extra yield plays. 

Like with anywhere else: location, pricing and the overall house you intend to build will play a factor in your profits.

It's a really high-energy dog and I don't think they take it out often enough, so they play indoors a lot.

So, you're not "wrong" in thinking it's complicated.The tax code plays heavily into how certain transactions are categorized and there is some flexibility regarding what we can capitalize versus deduct.