Market Analysis: Palm Desert seems seasonal, so the cash flow challenge might not improve significantly without some adjustments.

Have an Insurance adjuster rep work for you in settling the claim with the insurer.E. 

I very much appreciate the honesty around the current state of the market in the area and I will make sure to adjust our projections accordingly.We are excited to start our journey and looking forward to contributing to the BiggerPockets community.

If you are passive in those rentals (not real estate professional for tax purposes which requires 750 hours of real estate), and your Modified Adjusted gross income is over $150,000, then the cost seg is not actually going to save you any taxes. 

When that happens, you can adjust the rent to match current market rates.

However, this isn’t a sign of a long-term shift—it's a temporary adjustment influenced by a unique set of factors.The good news?

Your net gain is your net sale, minus your adjust cost basis.

Its great for me where I need to adjust to paying a mortgage and was worried about my monthly payment a little bit! 

We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!

I don't see any capital gains on that, just an adjusted tax basis.