This would qualify the property for long-term capital gains treatment. also, if you command decent rents, it’s going to help you flip that property at a higher price point with solid tenants.I also agree with the sentiment that if you decide to flip it and pay tax that’s a good problem to have because it means you made money on your flip and that’s the goal!

Yeah, it's evident that there's a strong pro-real estate sentiment here on the forums haha, and sometimes we can get caught in a self-confirming loop.

I prefer to stay on the boat but totally understand the sentiment.  

You express a lot of the sentiments I have as well.Yes, it is an incredible deal.

I'll echo some of the sentiment here in the replies.

I echo some of the same sentiments as above. 

With it having sentimental value, I think you need to look at where the home is at.

@Scott Trench expressed a lot of my sentiments except for one major one.  

I share the same sentiment of skeptism when it comes to finding properties and receiving the ok.

If you can find that example, let me know, it should be a rare miss from our team, not the theme.I fully understand that the sentiment of alignment with sensational gurus is embedded in some folks minds and will take time to unwind, but there should be zero recent examples to point to.