Hello Everyone,  I thought new year would bring good news but I got the pink slip instead on Friday. 

If you want to harvest your Equity upon building it and defer those gains into something else you're definitely eligible after one year.

You want them sending you listings with paint falling off the exterior, horrible yards, dirty carpet, and old kitchens.You should be looking for listings with yellow, pink, or green tile bathrooms.  

Generally it seems the people that want to grow their portfolios will either harvest the equity through cashout refinance or HELOC and try to get longer term loans.

Granted, I did live in the pink pepto-bismol mansion on W Onodoga which was cool but it was not a great neighborhood at the time. 

when my then partner ( he bought me out 5 years ago.) was running hte numbers blueberries were 1.50 a lb wholesale   well he got his second harvest last year and got well under one dollar.. its a super high risk business... give me a stand of doug fir any day.. people need lumber to buy houses.. as long as your in Oregon or Washington you can harvest it.. and it just gets bigger ( increased volume every year as it grows) no need to do anything with it..

Make is an unusually bright color: chartreuse or hot pink.  

"Harvest" is a great website/app for tracking time.

I hope for appreciation for the future - my properties are long-term buy & hold for me - but if it doesn't come, I harvested the cash flow all those years and still got my principal back.

Then again, most people aren't dumb and know if they have harvestable timber on the land so you'll pay for it.