This is why so many people earn large sums of money quickly (lottery, sports, entertainment, etc.) and end up broke.Take Dave Ramsey's Financial Peace University.

Those who have figured this out have earned my firm's business; I'm not willing to be held hostage by 'process.'

Then, with what they don't cash out, they can put into a centralized lending platform, and earn up to 8%.

After five years, you'll earn $120,000 in rent income and $136,000 in appreciation.

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

Hey y’all just heard about this community and wanted to utilize it to grow more knowledge in how to have real estate help me with earning passive income.

I recently analyzed an asset of vacation cabins - where the seller would earn 23% ROI over a 5 year term.   

This appears to be a 'transfer tax' instead of an income tax. 

They remit the taxes.

(As AZ and your current state will fight over who gets to tax your gains with the federal government.)I have to throw most of the shade on your horrible tax guy/cpa who didn’t tell you renting it out was a $50-$100k mistake.