Well, enjoy the couch tonight.

Newton's law of tax: What goes down must come up.Everyone enjoys the sweet benefits of bonus depreciation, but what happens when you sell?

The bank will make you leave 25% equity in the property - but you also still want the property to at least cash flow some - so be careful how much equity you pull out / new debt you take on.I would do a cost benefit analysis of what your actual gain is in cash-flow on buying a new property with a (currently) higher interest rate (if financing), versus just holding on to the current appreciated property and enjoying that cash flow.All the best!

If you ever have any questions regarding this or in general feel free to reach out I enjoy helping and ensuring other BP members avoid lost time and money. 

I enjoy tenants turnover ever few years for the reason fair market rents tend to increase significantly year over year. 

It allows you to rent out your property for additional income or use it as a seasonal getaway to enjoy the vibrant beauty of Mexico.

You will enjoy the serenity of rural living, complete with a large cleared backyard perfect for homesteading, gardening, or recreation.

I am also a huge fan of real estate and for the past 50 years there's been a way to combine both.By leveraging a Self-Directed IRA, real estate investors enjoy both the traditional advantages of property ownership and the additional tax benefits of retirement accounts, creating a powerful wealth-building strategy.

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!

If you ever have any questions as a new member feel free to reach out I enjoy helping.