House hacking is such a smart way to get started, and your focus on value-add opportunities will set you up for success.

This strategy can be a game-changer for building long-term wealth, as it enables you to leverage your gains without an immediate tax hit.Example: Sell a rental property for $300,000, reinvest in a new property of equal or greater value, and defer capital gains taxes indefinitely.5.

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $1,200,000

This is a 100+ pad community located near Downtown Bloomington (Near Indiana University). We n...

I've great success with STRs here.

I would be concerned long term that STRs could go away in some of those areas.My 2 cents as always.

Your decision to lease this property for short periods is what makes this a short term rental property, not the property itself.

MTRs fall into the standard long term rental( 30 day +) category and will follow those regulations set for Long term rentals.

Greg,What type of mentor are you looking for, in terms of where do you need the most help right now?

I am considering converting to a long term rental but thought that mid term might also be a good approach as well considering the home is fully furnished.

@David OhCreating a profit-sharing program is a great way to align employee goals with the company’s success, but it’s crucial to design it carefully.