And you would get to indefinitely defer all tax on the gain from the sale.

If you're running a fix & flip business, you'll eventually want to learn how to estimate repairs and independently prepare a scope of work.

I would shoot a DM to learn more about your micro hotels- projects.

In California there is $800 franchise tax per LLC per year, which discourages a lot of RE investors from getting an LLC.

Thanks for readingDavid $250,000 tax-free?

I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

That's $1,600 per month plus to pay debt, plus at least $400 in taxes and insurance.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity. 

I’ve done two rehabs from out of state so far, and I can relate to the challenges you mentioned.One thing I learned the hard way is that managing rehabs remotely can be tough.