. 🚀🔍 Ready to turn my dreams into reality through strategic investments.

Nathan -It's understandable that you want to optimize your tax situation by strategically utilizing your capital losses.

.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!

Hi @Joshua Nurse The Twin Cities has a robust investing community.

Nevada has a robust gaming industry that pays a lot in taxes.  

It's essential to work with a knowledgeable real estate agent and tax advisor to ensure you are making informed and strategic investment decisions.

Given your situation and the market dynamics, buying a rental property to cash flow and build equity sounds like a strategic move.

Cashing out on your rental properties can be a strategic move to expand your portfolio.

Know that there is still robust demand for Austin housing and that prices are still considerably higher than just a few years ago.

As @Nicole Heasley started, you have to be very strategic and have an exit strategy in place before the interest kicks in.