I've got a private investor though if the right deal presents itself for a larger reno.

Historically, the spring market in Las Vegas is one of the busiest times of the year, and we’re already seeing signs that this year will be no different.Although the current rates are presenting a challenge for some buyers, the pent-up demand from the past few months combined with the stability post-election is propelling the market forward.

They will still do the occasional flip, but mostly when a deal presents itself AND they may be between new construction starts so need to keep their teams busy.

Instead, it reduces the seller's net sale proceeds, which may impact the amount required to be reinvested to fully defer capital gains taxes.For the buyer, the credit lowers the property’s basis rather than being deductible as a repair expense.

Economic progress is rarely a straight line, and the key takeaway is that while inflation is still present, it is not accelerating out of control.Much of the increase in prices can be attributed to factors that often occur at the start of the year.

Your situation presents a classic trade-off between long-term appreciation potential and short-term debt reduction.

The return is generally presented as either the IRR, Equity Multiple, or Cash on Cash Return.Based on your numbers above, is the seller asking $859k for the property?

Warmer' Winters: While we still experience snow, the winters here are generally milder compared to New York.Growing Market: Nashville is a booming city with an insane housing market, presenting countless opportunities for real estate investment & House Flips.We also seized the opportunity to buy a beautiful foreclosure home for $775k, which is essentially a mansion with incredible value/equity (Worth $1.3M).

Up until that point the property was solely in my name.If I decide to occupy the property after 2 years, and decide to sell the property after 5, do I owe the full deferred tax amount, or are the taxes "prorated" based on the ratio of time the property was investment/primary?

I’ve been presented with this deal.