Hi Dane,You can sell now and seize the opportunity the primary residence exclusion from capital gains tax offers.

I have seen returns be done by gross, exclusive of management fees, and calculated many different ways.

It's important to choose that one and commit to using it.

-if you choose to invest in a syndication, you may want to spend months or even years building a network and finding one. 

After everything was fixed and they listed the unit, apparently they claimed that I was not allowed to have any understanding of who would be renting my home due to potential bias and discrimination (this is the first time I have not been able to view applicants general profile (credit score/occupation(removing any identity markers)), but fine, I let them choose the tenant and so far there hasn't been any issues.

And I believe in "aces in their places", so if you're going to own and operate a Self Storage Facility, I highly recommend an exclusive Self Storage Management software.Good luck to you!

Hi Sweta, having a business bank account for rental income is a good choice and choosing a software to order the accounting. 

My work shows that the $100k is a Section 121 exclusion and leaves $0 tax owed.The $9k depreciation recapture is tricky.

I built our portfolio slowly, in part because it’s difficult to buy with discipline in an undisciplined market, but also in part because investors didn’t choose to invest with us because our projected returns weren’t as attractive as other groups.  

Yes, especially on your first deal.Please keep in mind that if you choose to go unrepresented, the agent you are speaking with represents the SELLER and has a fiduciary responsibility to get them the highest price and best terms.