However, we're unable to gain access because they lack a local team.Poplar, if you are seeing this message, please address the situation in Columbus, Ohio.

By diversifying across different property types, you can ensure a balanced portfolio that generates both immediate returns and long-term gains.

The $80k of depreciation recapture will be taxed at 25%, and the remaining $75k capital gain will be taxed at the capital gains rate (likely 15-20%).

Plus, if your property isn’t right on the water, the chances of it getting completely wiped out are even smaller, around 10%.And if you’re not in a flood zone, then it’s really just a matter of balancing the cost of insurance versus the potential gains in a market where people are panicking.

Sold to tenant before having to pay capital gains tax (extended occupancy test due to military move).

I haven't been able to find any events or active Facebook groups in Cedar Rapids.I would love to connect with other investors and gain some insights into the Cedar Rapids market.

Although, I would like to have first access to foreclosure properties with HomePath's First Look Program, income/capital gain tax benefits from my PR, and more favorable loan terms. 

For example, in 2022, about 500,000 people left Florida, but the state still gained a net total of around 500,000 residents due to higher numbers of people moving in, particularly from states like New York, California, and Texas.

So I’m not going to suggest that you break the law for your own gain.  

As you look to build your business, consider setting up some keyword alerts for topics like: - 1031- Tax Deferred Gains- Boot- Exchange- Like-Kind- Etc.