I’d be happy to discuss insights and see how we might align to create value together.

Thus, you kick any capital gains down the road. 5) The best part of the law says that once it has been an investment for a certain number of years, you can actually move into it, and once you have owned it for a certain number of years, the capital gains you kicked down the road can be rolled into the capital gains that is exempt as your personal residence.

What we learned: We got lucky that we gained a lot of extra equity soon after we bought the house, which makes these repairs palatable. 

Can you share more insights on this?

Thanks Jed for the insight.

We sold a $330k rental property with almost no base so we need to do an 1031 exchange of roughly $300k to offset capital gain.

Thank you for you knowledge and insight.

You can get more insights from other brokers that way you have more open spaces and still hold on to the power. 

Any insight would be greatly appreciated. 

Thank you for this post and all the great advices and insightful comments.I’ve only done a few flips since I focus more on BRRRRs and value-add for my rental portfolio.