This condo is in the heart of a prime neighborhood in Charlotte surrounded by multi million dollar single family homes.

If I had held I would have eventually made around a quarter million instead of losing 100k+.

Let me know if you have any questions for meWhat neighborhoods or zip codes in Columbus are best for appreciating SFR's that cash flow enough to pay for their own upkeep, and which attract solid tenants who stick around a good 5-7 years? 

Do you think the IRS would ask the seller why he lost”forgot”to declare the $1 million in income when he sold your friend the house?

There are a million different ways people run numbers.

The property was acquired with the long-term vision of capitalizing on the nearby development of a casino, expected to attract workers and residents.

There are a million and 1 software programs out there.

Ensure it cash flows comfortably.Market & Location: Research local rental demand, property values, and any applicable LTR regulations to understand the area’s potential for long-term success.Future Potential: Consider if the property could appreciate or attract quality tenants over time, supporting stable cash flow and asset growth.This checklist should set you up for a solid LTR investment!

.: There IS going to be a big impact on Real Estate, especially for Single Family and small Multi-Family that is Owner Occupied.The SALT Deductions are slated to expire at the end of 2025.Trump has already said that he will allow it to Expire:https://about.bgov.com/insights/elections/2025-tax-policy-cr...This is NOT a small change.The Standard Deduction gets reduced by about 40%.Then you get to deduct the SALT (State and Local Tax) that you paid PLUS up to $1 Million in Interest from your Mortgage against your Federal Tax Return.The only limiting factor will be AMT (Alternative Minimum Tax).In 2017 when this Cap was put into place, it made sense.However, now that the average Home sells for about Double what it was back in 2017, many normal Americans can benefit from the Expiration.I'm hoping that the Trump Administration does not extend the Cap.Too many people will love him more if he allows it to Expire!

This was the big issue I had with Clayton Morris making millions upon millions in fee's without being licensed..