Additionally, check with your CPA for any tax implications, even if you don't expect capital gains.

Then your "loss" is only $700 more per month than what it is now, and if you live there at least 2 years and can manage to sell for a profit you won't owe any capital gains assuming you lived there first.

The aim is to expose businesses attempting to conceal illicit gains, thereby identifying those involved in criminal activities.As a real estate investor preoccupied with due diligence, you have little to fear…except failing to file by year-end.Who is Exempt?

While it's been an okay experience, I haven't felt like I'm gaining the knowledge I hoped for; if anything, it feels like I'm moving further away from it.

When you add books + podcast, your time in the forums here learning, AND in-person networking and relationship-building with real-life real estate investors, you will gain more confidence in the reality and soon be in the starting lineup.

That way your monthly expenses will be significantly less, you'll be gaining experience as an investor/landlord, and you'll be able to purchase your next property quicker.

The forced gain or appreciation and straightline 1250 depreciation are usually more than enough to motivate someone to contemplate a 1031. 

I’m excited to gain hands-on experience and contribute in any way I can.

You are INVESTING here, that means YOU are the one taking the risks of loss because YOU are the one with something to gain by the investment performing.

It takes awhile to get reviews, gain traction, get repeat guests, word of mouth from satisfied guests, etc.