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

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!

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.

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.

You did purchase the property in one tax year and are selling it in another tax year which satisfies one of the court rulings. 

Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

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