But you have a few different options.

Selling below FMV treats the difference as a gift, requiring a gift tax return (if exceeding $19,000 in 2025).

The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

This is a very different space than most folks here on BP play in from what I have seen.

I'm sure you'll get differing opinions but this sounds more clean and simple to me.

I’m currently in the save all of money phase, I want a couple years of solid savings and some education before I get started, I’m 33 and have been working construction my whole life so this will be a much different career path for me.

I personally don't mind cooking on electric but I will say that cooking on propane is different than what most people know which is natural gas.

I’m potentially looking to purchase a mid-term or long-term rental property in a different state because I feel I may be able to find better deals elsewhere.

Also, insurance companies rate homeowner's differently from landlord policies due to the fact that you live there.