It was not a fast job and they overloaded the back of the pickup quite a bit weight wise.

I've been on both sides of the scenario (majority POHs, majority TOHs) and I've noticed a difference in management demands.That said, there is MUCH to be said for gaining experience and learning to "rig it right," so it operates with better ease.  

She wants to take the profit and pay capital gains and the take the remaining !

There's always a shortage of deals in the market, specially now.Good news is that once you gain some traction, you'll be able to buy better lists, a power dialer and even hire a VA to help you find qualified seller leads (I run a call center for Real Estate).

Gains from the sale of stocks are considered portfolio income, not passive income, so these types of gains usually can't be offset by passive real estate losses.Do either of you own any real estate right now? 

So far I have gotten the quarterly cash flow as expected, the fund value is kind of plateau'd in 2024 so have not seen major gains or loses in the fund.

If your basis is $2M and you clear $5M after selling costs you’ll owe somewhere between $450k (all capital gains tax) and $750k (all depreciation recapture.).

I’m here to connect, learn from experienced investors, and hopefully share some insights as I gain experience.

It helps with cash flow and offsets your mortgage costs while you gain more experience as a landlord.

If you live there 2 of the last 5 years then you’ll qualify for the homeowners exemption on the capital gains but you’ll still have to pay depreciation recapture.