But when it's equity gains, no tax, only at time of sale and if you 1031 Uncle Sam let's you continue to use that tax-$ for investing purposes.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I’ve come to think of this period of my life as my real world MBA, and view my laundromat as a fantastic starter business.

Case in point, years ago we used Olympic paints from Lowes, which were carried for a long time.

Hey Sara, as a first-time investor, I’d say your credit score is fantastic, which puts you in a strong position.

.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying  a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?

Time to get serious with the books.

Our hearts go out to everyone there.We understand at this time, there are no STR restrictions for Buncombe County.

Gotta work on that reading comprehension, Drew.The second and third sentences of my post are literally:"I lived in Detroit for 5 years before moving out of state, and during that time, I built a strong network of contractors, handymen, and other boots-on-the-ground contacts.

If you allow this to continue, they will only get worse over time, and your losses will increase.I suggest you hire an attorney.