Alternatively, consider a cash-out refinance to access equity without triggering capital gains or explore a 1031 exchange to defer taxes by purchasing another investment property.This post does not create a CPA-Client relationship.

That 'other' land trust company absolutely blew it on the closing process causing us all to lose some hair during that period, but we did exit the deal with a great profit.  

Look back to world's fair in the 60's, countless hair-brained crazy head-in-the-cloud's ideas of true creativity that foster into real innovations.

I've considered putting solar panels on my investment properties, however, I have not pulled the trigger yet.

Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.

In the end, the weekend after the fed announced the first interest rate drop, we had an open house that had more traffic than our opening weekend 3 months earlier. we received a full-price offer for the house and closed in early November. obviously I have no way of knowing if the interest rate drop was a trigger, but nothing else changed in the market at that time. just wanted to share in case others are curious. appreciate all the thought partnership!

Not sure if you pulled the trigger, but I was nervous to go from LTR to MTR.

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

Then if it grows and an opportunity presents itself in real estate then I may consider pulling the trigger on a new deal.

Turned out that the house had been owned by a family who lived there forever and ran a small beauty salon out of the house, so one of the bedrooms had been turned into the hair salon and the dining area turned into a foyer.