This strategy can result in substantial equity gains, which can be leveraged for future investments.

Hello fellow BPers! I am newer to the REI world, and have a few LTR under my belt. However, I am intrigued by the STR market and would like to connect to see if I could add value to someone in their business or help (...

You can do anything you want because it is your property just depends on what your are trying to gain from it.

And eXp offers health care... and you can do business in any market throughout the US and in 27 countries while collaborating with and gaining support from over 90,000 agents Worldwide... 

Should I just purchase the property, run it for a year, gain some experience and then finish the basements later on?  

I am trying to understand how capital gains would work on the following scenario.

That wisdom gained over the years can offer a vast amount of experience when it comes to Pro's and Con's in real estate.

Could you agree to do 5 houses, staying 2 years in each (which would be better for your capital gains taxes)? 

I have just moved into a new city (New Orleans) and want to get into the STR space through co-hosting and really become an expert in the process, what's the best way to gain exposure, connect, contact and gain clients in a new area. 

B sells the property in 2004, realizing a gain of $21,000.