Please consult with an attorney that is familiar with 1031 exchanges.If you move into the farm after two years and later sell it, capital gains will be prorated based on investment vs. primary residence use, limiting your Section 121 exclusion ($250K single / $500K married).

Much less paperwork involved with a DSCR compared to a traditional mortgage if you're familiar with that process!

Quote from @Jimmy Lieu: Quote from @James Wise: Quote from @Jimmy Lieu: Quote from @Alex Clark: Looking to buy a property in OhioHi Alex, I'm very familiar and have worked extensively in both markets.

The reason I said Aquaculture is because of your biology degree, pilot (familiar with airports) and entrepreneur. 

Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.

., and getting familiar with each zipcode so when the next lead comes up, you are much more educated to handle a conversation or pitch a solution. 2.

If you’ve worked with trustworthy contractors or subcontractors in the Jackson County/MO area (especially those familiar with investment properties), I’d love your recommendations.

@Michael Magno Just closed a deal in Baltimore and familiar with the area.

I'm not that familiar with the county and most well rehabbed properties are coming up in Dundalk and Essex.I used to live in Patterson Park and those areas were considered problematic.

Hi Lina, I'd recommend finding a local agent that is familiar with the investment properties and law, permits, regulations for STRs/MTRs in Kyle, Texas.