I understand there are some other factors I glossed over like gaining the approval of the first seller to switch collateral and the lien in second position, gaining approval of the second seller to put a second position lien below the big loan, and scheduling the sale of the first property to coincide with the purchase of the second property.

Ready to learn, grow and gain financial freedom and generational wealth.

Is an IRA subject to capital gains tax?

The knowledge gained from the podcast helped me purchase my first three investment properties, and a piece of land.

What variables should I be looking out for or paying attention to? 

Haven't been there, but pay attention to the foundation - if the floors are level there no action needed.

What would the capital gains be on the sale of each lot? 

That style of learning and introduction to true industry catches my attention as having someone in the space that understands the space to bounce things off of and learn from seems to be the ideal way.I have through a handful of the webinars and follow up calls with different companies and they all basically pitch similar ideas and strategies.

We also have a team of VAs assisting the leadership team and tracking KPIs so we know if any location is faltering and needs attention. 

Bureau of Labor Statistics (BLS) confirms Texas added the most jobs in the nation from December 2023 to December 2024 with a gain of 284,200 nonfarm jobs, significantly ahead of all other states.