This approach supports future growth while managing risks effectively.This post does not create a CPA-Client relationship.

Once you convert to operating units in the REIT you can’t 1031 exchange anymore, but you may have the ability to sell your interest in small amounts to pay capital gains tax over time.

It's also a bummer to be a creditor to someone who's over leveraged and putting investments on credit cards even if they are interest free for 21 months.I wonder what your reserves are like, both for your investments and for your ability to withstand a loss of a job or income.

Our goal is to expand the business strongly in residential wholesaling, and grow the fix and flip part of the business.

If the property is in a good rental market, with solid cash flow potential and the ability to build long-term equity, holding might make more sense.

Look for areas with job growth, rising populations, and low vacancy rates.

After diagnosing the issue, noting that replacement parts weren’t available, and ordering a new microwave, we received a bill for about $660.

Plenty of job growth and population growth too.

Ultimately, your ability to get a multifamily loan is going to hinge on the property's ability to support its own loan.

Keep in mind that hiring someone that setup the STR may impact your ability to take advantage of the tax benefits.