It was $9,000 after taxes.

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

Finally, even as the landlords cash flow increases, depreciation should keep a major portion tax deferred. 

We are in a very low tax bracket this year but should be 10% higher in 2025.

Have also used list source and prop stream before but the data they provide is very similar to what I pull off the tax records through CRS Tax. 

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!

I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.

Investors often obsess over how to defer tax obligations and ultimately make poor investments due to being hyper focused on taxes.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.