I own one half, 3 bed 3 bath, and I’m currently living in and renovating it with plans to rent down the line.

Does anyone know of any other ways to gauge the effectiveness of this plan? 

@Cristal Ochoa @Leiah DotlichI will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

Plan for a smooth transition: Respect the notice period and prepare for any potential disputes.

A tax advisor specializing in real estate can help you navigate deductions, plan for 1031 exchanges, and ensure compliance with ever-changing regulations.

It takes time but worth it.How do you plan to finance your first property—are you looking at traditional loans, or have you considered other options like house hacking?

I'm finishing up the last of my engagement letters for next year and I know many of us will have sporadic availability for tax planning after this week due to the holidays. 

@Jaycee Greene I planned to approach the seller to explore the possibility of carrying a seller's note.

I plan to live in the multi-family for a year then move out and rent the unit.

I am ready to talk to mortgage lenders and anyone who can help guide me on a financial plan to rebuild my credit and start a small savings to build up to my first house hack deal in Q4 this year in the Raleigh/ research triangle area.