Since you're not pursuing a real estate license, consider wholesaling to gain deal experience or help manage local properties to learn the day-to-day operations.

Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.

There is a lot of grey area on this site, as there is on most sites, and in the interest of wanting to be fair to posters and not be ridiculously heavy handed, most mods will give posters the benefit of the doubt on the front end, maybe with removing a post and a warning or something similar.

From the homes we manage here in Central Florida any benefit of your utility bill is negated by the financing of the panels.

It has worked out well for me and I like not having to pay taxes on the gains which helps me increase the amount I'm able to lend next time if needed.

In retrospect I would have spelled out the construction process more clearly in writing ahead of time.In your case the existing tenant is getting no new value so there is nothing for them to gain with this project.

Platforms like Peerspace or Giggster can offer high payouts per booking, letting you earn with fewer ongoing responsibilities.Consider Selling: Selling could free up funds to invest in a property better suited to your goals.Each option offers unique benefits, and I’d be happy to connect you with resources to get started.

They have had talks about letting us approve members in the future but I'm not sure if it will happen or not.For us the benefits of higher cash flow outweigh the costs of evictions when they do come up.

You should speak with your accountant first to make sure a cost segregation will benefit you.

But, since you only lived in it for a year, you will have to pay capital gains.