Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Will they finance 100% of the purchase and renovation or will they want skin in the game (you putting money in).Most do not do 100% funding so beore going down more rabbit holes, make sure you have the $ aspect situated first.

Right now real estate is a different ball game.

Good listings are a people game, not anything you have at the bottom of your post.

"Getting in" is easy; making money, managing the business, with the increased financial risk of commercial properties is a whole different game. 

Congrats - you won the investment game!

GP's typically have to put skin on the game.

I’m new to the real estate game.

I would like to use the garage as a game room for the kids.

The fact that you evaluated whether to sell or do a cash-out refi shows you’re playing a long game and keeping your options open.