I went to the Town Hall and asked if they had a law on the books and spoke with an individual who said my municipality has a "love hate relationship" with vacation rentals. 

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It’s a scenario many real estate investors find themself navigating when balancing capital gains from property sales and K1 losses.Based on what you’ve described, it’s essential to understand the relationship between passive and active income.

She’s been advised to move her $35k 401k into real estate investing, and she wants to move closer to me.Potential Investment PropertyI’ve been actively seeking investment properties and have built a relationship with an experienced broker.

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You can find real estate related careers, but they will pay less making you less lendable most likely.Go to local real estate meetups every month for six months and you will meet a lot of people who kept their job, left their job, flip homes, have rentals, and you can learn from them by building relationships while you earn.

This can go so many ways depending on so many factors.1031 cannot defer cost seg deprecation recapture (only straight-line depreciation).This needs to be modeled out with 1031 or outright sale and recapture percentage.This post does not create a CPA-Client relationship.

But by all means, read between the lines and look for a toxic interpretation of a good thing.

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