They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS.

Essentially lower my taxable income by $117k?! 

., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

These are not taxable events.

However, inventory levels have decreased, with 1,191 homes for sale in December 2024, a 4.3% decline from the previous month, suggesting a tightening market.

Two other key aspects that worry me about Japan are (1) generally depreciating values of real estate and (2) generally decreasing rents. 

Hey @Brandon LaRose, do you have the ability to use a Margin Loan against a taxable portfolio, or a policy loan against a permanent life policy?

Based on that, do you anticipate increasing or decreasing your investments?

This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.

Do the schools have increasing or decreasing student enrollment?