I am convinced that these markets are the hidden gold mine in RE investing today. 

One key takeaway for future projects is the value of hiring professional painters.

From what you’ve described, it sounds like you’re more focused on long-term appreciation and future benefits rather than immediate cash flow.

Income Levels: Will your AGI decrease in future years below the $150,000 threshold?

I would suggest giving it up and just hire an agent when you are ready to transact in the future.

Jorge, this is gold!

If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.

A reliable property manager and CPA are worth their weight in gold, especially when you’re managing remotely.If you’d like to chat more about what’s worked for my clients or have questions about specific markets, I’m always happy to share insights.

Best of luck with your 6-unit deal and future investments!

You can probably find info about rents on dubizzle.com, but you will have to dig some more to find the expenses.My prediction for the Dubai market is that it will continue to correct further for the foreseeable future.