Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

As you gain experience on what you really couldn’t learn from books or podcasts, you will have the fallback of the annuities to bail you out.

And it always takes a little longer and costs a little more...The more properties you have in a small area the better you can focus and gain operational efficiencies.

I am selling a property in CA with a pretty hefty gain (great!)

I'm just wondering how to handle the capital gain tax between me and my partner.

Leveraging the 5% down conventional loan is a brilliant way to minimize upfront costs while still gaining a foothold in appreciating markets like Gilbert, AZ.

Nickerson added “exchanging” real estate to upgrade to larger holdings without paying capital gains tax to his formula, and a number of other books were written about the subject in the next 10 years.  

You do get a small boost on most booking platforms right when you list, but overall it takes time to gain traction and perfect your pricing strategy.

Luxury real estate deserves you full attention.

After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.