Removing all skills from the equation, if you don't take a break from participating as a real estate investor in some way each day, you will stay far ahead of everyone else who keeps subbing themselves out and then asking to get back in when the game is already out of reach.

You also want to go to real estate investor meetups to get reps with people who do what you want to do.

I have a capital gain taxes question:if I sell my home for 510k and provide the seller 10k seller credit towards escrow costs, would I be paying capital gains taxes in California for that additional 10k?

I had a client who kept waiting for a better rate, only to see it jump 0.5% overnight costing him thousands.

A property is available off market that seems to be a great deal.

@Renata Johnson What areas will you be looking to BRRR in?

Therefore, you don't need to use a 1031 exchange; you can take as long as you wish to find and then buy another property.The only exception is if there is debt on a property, in which case there will be some UBIT (Unrelated Business Income Tax) implications.

The simple fact that you want to continue to build with us and add to your portfolio is a humbling compliment.  2025 works great for us and we will be here for you when you're ready.

It won't be 100% accurate, but it will be close enough.

I have some friends who have and have not looked back.