I can't imagine an STR in Fairbanks most of the year.

The mentor will have an opportunity to know you, see your determination and will, and then decide to pour their time and energy into helping you develop.

Do not cheat on a basement build and the egress issues, imagine a fire.

I don't know the area at all, but even more importantly, I can't imagine I have the same investment goals as you.At the end of the day, you are not sharing what state this land is in, let alone what town.  

Owning investment real estate comes with inherent risks - that the PMC doesn't want to assume and really can't afford to. lol, imagine thinking you shouldn't have to pay just because you didn't do anything wrong.

So there are a few ways to look at this, the 1st question is are you sure your renovation’s will double the property value, most renovations on primary residences, your lucky to get 60-70% of the dollar cost back out upon sale, so really nail down your comps, than you have basically a math problem if your rate on your primary goes up how long if ever before that extra payment is more than 400k in taxes, that’s just a simple calculation to help you decide, but I suspect you actually have a different question here, from a purely financial perspective my guess is the best option is to do anything to avoid that tax hit, but one of the reasons to make money is to spend it on things that you enjoy, based on your overall financial picture and a subjective view of how much enjoyment you will get out of a renovated home, you should decide if you want to roll your profit into another deal or “cash-out” your winnings, I love cars and I’m willing to spend more than is fiscally smart on them because they bring me joy, there is nothing wrong with that, but i don’t think it’s a fiscally smart choice, without knowing your exact property id imagine a renovation would fall into that category, so that’s the terms I would use to decide.

They're aiming to make things more transparent and fair, but as you can imagine, there's a mix of challenges and opportunities coming our way.One of the big talks is about the potential shift away from MLS listings.

It sounds like it is so far outside your experience that you can't even imagine it.

Can you imagine a month from now after breaking up with this company you haven’t found a suitable tenant?

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