They saw this works, and would like to join me for another project, which is a COPY and PASTE basically.

It will familiarize you with the basic terminology and benefits.

Start with the basics, don’t be afraid to ask questions, and take it one step at a time.

If I sell the property for 130K, after assciated closing costs, I will basically break even.

After researching the basics, I am looking forward to understanding the realistic steps in concluding a first deal.

Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.

Basically, the more you ask for relief as a percentage of the total, the harder it will be.You will need to show a hardship that you did not create.

@Chris KayCosmetic Updates - If you focus on flooring, paint, fixtures, and a basic kitchen and bath refresh, $50k is doable, especially in markets like Michigan.Full Kitchen and Bathroom Rehabs: Depending on finishes, these can eat up to $20k-$30k alone.

It's worth mentioning the STR regulations are relatively new, and I think some properties currently operating are basically grand-fathered with the old permit, and I don't know if being a new owner one'd be able to get a new permit if it's not in the designated location.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.