NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.

A mentor ship program is how most people do it.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Most negative comments come from competitors, those nitpicking minor issues, or people who haven’t worked with the company at all.

These are just deals I have invested in with other people. 

I will plug it all in and see if it makes sense.

So the (presumably) two people currently on title would get $500k in capital gains excluded.

That’ll help you get a better sense of which neighborhoods align with your investment goals.3. 

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

Self-Employment Opportunities: Would it make sense to start a side business related to my rental properties (such as property management) to access more deductions?