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The property investment in total is estimated to be 105K with $1600 per month cash flow when complete.

Make sure to verify any information from a party that doesn't have any advantage of you getting their services before making a decision.  

The CHS market is still fairly hot and active, although it has a slowed a little in recent months.

Less than $300K in a mortgage, generating $4,000/month in rent.

First month of leads and I have to laugh at some of these.

Coming from an area where rents are much lower (a 2-bed, 1-bath, 1,500 sqft rental averages $1,270/month), I was shocked by the high rental prices in Danbury.

However, the IRS may scrutinize exchanges if the holding period post-transfer is too short (typically 12-24 months recommended).If one partner wants to defer capital gains while the other prefers cash, the deferring partner could reinvest their share into a Qualified Opportunity Zone (QOZ) fund, which can defer and reduce taxable gains if held for at least 10 years.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th, 2025

We purchased the house about 3 months ago and are owner financing it.