As a married couple, you can also take advantage of the $500k capital gain exemption.

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Just curious do you find that accessing county records online through the county clerk website works just as well as going in person?

I want to exit as I don't get any personal use from the STR being 20 mins from home and would rather apply the capital to another opportunity in multifamily (LTR) or another STR in Hawaii where my brother is a broker and now manages STRs.

What RichDad does not tell you is that it takes a driven personality to build a portfolio and if you have that type of personality you will not enjoy a retired state.

Juggling between work and personal life can be tough, but having a property manager can take some of the pressure off and let you focus on your other priorities

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

He's efficient and personable and is very able to assist you with questions if needed.Hope to discuss this with you further,

-based LLCs, corporations, and similar entities are required to file unless exempt.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out.