To reduce taxes, offset gains with selling expenses (e.g., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

Investment Info:Single-family residence buy & hold investment.

We are currently building many investment Single Family Homes on independent lots that focus on maximizing rent.

@David Woodside The 500-hour rule allows you to treat rental losses as active, enabling you to offset other income and reduce your tax bill significantly.

Yes, very interested in investing and would love to own a few multi family properties, here in state.My immediate goal , so far, is finding investors to secure my proposed properties.What's your strategies?

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

Investment Info:Single-family residence buy & hold investment.

Their focus on attracting higher-end guests may reduce potential issues.

All but one of the family members are on board, and we collectively own the majority, but it's 55% and the bank requires 60%.

Property Type ConsiderationsSingle-Family Home vs.