Our long term goal is to purchase and move to a remote ranch and for me to be able to quit my job around 40 years old.

Purchase price: $785,000 Cash invested: $156,000 Short term vacation rental in Panama City Beach.

As long as you purchase at least as much as your net sale. 

-Purchased a commercial property this year for ~$2m.  

I have every intent to complete my very first fix-and-flip project in 2025!

It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.

This could allow you to use the full amount for purchasing real estate without needing to sell your stocks outright and incurring significant tax implications.

So you wouldn’t get any depreciation on your new purchase assuming you only spent the $450k.

Quote from @Yaroslav Shtogun: Hello Community,I am seeking advice on the following real estate situation:I’m in the process of purchasing a double lot property (100x100 in an RS-50 zone) that includes a 1,200 sqft wood-frame house and a 640 sqft detached garage.

Why do you think purchase contracts are so long and have such small print?