Consulting a tax advisor or 1031 Exchange expert is essential to determine if the benefits outweigh the hassle.Taxes Without a 1031: Without the exchange, your parents will owe capital gains taxes.

That is essentially a waste of money.

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

I'm light on capital so paying a mentor isn't an option, but happy to split revenue (pay as I learn). 

Need to be able to think with the right mindset on how you can maximize the revenue of a propertyhappy to chat about northern Utah!

Notable members like Elon Musk (Tesla, SpaceX, X.com/Twitter, Neuralink; annual revenue: Tesla $81.5B, SpaceX $4.6B est.), Peter Thiel (Palantir, Founders Fund; Palantir valuation: $45B), Reid Hoffman (LinkedIn, acquired by Microsoft for $26.2B), Max Levchin (Affirm, valuation: ~$5B), and others like David Sacks (Yammer, acquired by Microsoft for $1.2B) and Steve Chen/Chad Hurley/Jawed Karim (YouTube, acquired by Google for $1.65B), who collectively shaped the tech industry through groundbreaking venturesHigh performers who push one another, often go farther than solo business owners.

Lauren Lauren, there are hundreds of syndications (and crowdfunding deals which are essentially the same as syndications but are available on the Internet) available each year.

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

Change all lighting to LEDTo increase revenue: 1.

. $50/mon cashflow is essentially breaking even and even with the $125/mon you're not cashflowing enough to justify the risk, i don't think.