Luis Maqueira MMPcheck the meet-up Real Estate investor group in the Bigger Pockets events we can do the deal live next Tuesday at 7:00 PM

Hello Bigger Pockets Community, I have been reading books and forums, watching videos, saving money, and analyzing markets over the last 2-years.

I am a long-time listener, and new poster here @ Bigger Pockets Forum.

Terry Welcome to Bigger Pockets and I wish you all the best in your investing journey!!

Are you looking from a more traditional real estate perspective where you're trying to acquire an asset for long term preservation of wealth, tax advantages, to have guests help out with the mortgage payemnts, potentially have rents and home value increase in time with normal inflation, and are okay with the idea of paying some amount out of the pocket some (most?)

Gavin welcome to Bigger Pockets!!

Welcome to Bigger Pockets !

If I'm sitting on $100,000 equity in my home, I don't tithe on that equity because it is not actual money in my pocket.

first thing one should do is figure out if they quality the 2  in  5 tax treatment and if the home has appreciated a ton like 250 to 500k which is very common in coastal markets and Denver for instance.. selling would be far smarter than renting. pocket the tax free and find another rental. turning it into a rental you lose that one time tax treatment which in my mind is the very best for real estate. 

Audrey Welcome to Bigger Pockets and good luck investing!