Otherwise, I’d save my cash for the next acquisition.I’d also be posting on every social media platform and telling everyone I knew that I was looking for more real estate deals.

For a rental property, the gain is subject to capital gains tax (15-20%) and depreciation recapture tax (up to 25%) on any depreciation claimed, unless the proceeds are reinvested.To minimize taxes, consider reinvesting the sale and insurance proceeds into another property under §1033 or converting the property to a rental before selling to claim depreciation deductions.This post does not create a CPA-Client relationship.

You were scared and probably had analysis paralysis, but your post is half acceptance of your own failure and half blaming the market.

In this post-pandemic landscape, metropolitan areas remain the hubs of economic activity.

. - Catching up on your post a little bit late, but better than never!

Any insight would be appreciated (this is my first post ever!)

As far as meetups go, you can find a lot of local events posted here on BiggerPockets: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of Chicago meetups that I can share with you as well.

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Quote from @Tio Sam: Hello everyone,This is my first post/question.

But it is very much applicable to single family rental and residential units simply by getting bridge financing and a post transfer cash out refi.