@Vidit Maini You might want to be more specific regarding what type, if business you want to start.

The problem with selling is a lot of that equity will be lost when you sell it either through taxes or payments to your listing agent.If you ever have the ability to limit these types of fees and still be able to use your equity to fund additional purchases I think you should.

It's a dumb idea that pops up from time to time from some BS guru types.

@Jay Hinrichs @Jonathan Greene @Nicholas L.you have all helped me to really consider what type of challenge / path I want to get into, and all this information is excellent.

The property features a shared dock, 3000 sq ft of decking, and a fire pit for each cabin.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

If you don't know what type of assets you would like, you have to think about your why for real estate.

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

Can they be more hands-off compared to other types of businesses?

This applies regardless of the type of deduction you choose to take for the vehicle.If section 179 doesn't work in your situation, there is bonus depreciation, which allows for a deduction of up to about $20k of the value of the vehicle for 2024.