It has a great tenant, one of the best rental managers in Beaufort (Southern Style Properties), se we want to sell the home, tenant, and manager as a package deal.  

The treasury, legislature and courts have been silent on treatment.If we concede virtual currency is indeed property, the tax treatment heavily depends on how it is used in the hands of a taxpayer.Generally, the gains and losses will be capital in nature for most people who "invest" in virtual currency.There is the potential that the income could, however, be ordinary income subject to SE taxes. 

Quick interstate ride back to SE LA for family. 

Sunridge Townhomes - 9 Unit Multifamily Syndication/Partnership in SE Portland *Also see QVIA_SUNRIDGE attached for two investor breakdown$1,425,000 purchase price with 65% Loan-to-Value (Approx. ~$256,000 cash to close for both investors)Current rents are stabilized at $1,247/unit per month with utility bill-backs in placeWill be hitting the market after two vacant units are filledProjected year 1 returns assuming a 50% equity position and 9% effective tax rate: Pre-tax Cashflow $13,108 (5.35%), After-tax Cashflow $12,975 (5.30%), After-tax + Pay Down $21,342 (8.71%), and Total Return (After-tax + Pay down + Appreciation-3%) $42,342 (17.28%)These are the highest returns between all properties in these analysisDuplex - 2 Unit Multifamily in Milwaukie$450,000 strike price with 65% Loan-to-value (Approx. ~$166,500 cash to close)Current rents are $1425 and $950 so present upside potential with existing long-term tenantsBeen on the market a long time because its overpriced (list was $535,000, now $495,000)A fairly turn-key property and i have a list of capital improvements including furnace, roof, paint and fencingProjected returns once rents reach full market:Pre-tax Cashflow $6,107 (3.88%), Pre-tax + Pay Down $11,720 (7.44%), After-tax + Pay Down $11,745 (7.46%) and Total Return $24,855 (15.79%)4 unit Multifamily in Clackamas Strike price of $750,000 with 70% Loan-to-value requires approximately ~$234,000 cash to closeCurrent scheduled monthly rents are $1,388/per unit Lots of updates and capital expenditures done, not the greatest location Projected year 1 returns (before achieving full-market): Pre-tax Cashflow $11,489 (5.11%), Pre-tax + Pay Down $21,565 (9.58%), After-tax + Pay Down $21,424 (9.52%) and Total Return $45,291 (20.13%)In high entry barrier markets like Portland, I am finding the small 2-4 unit multifamily properties that hit the market to be mostly priced out. 

In SE CT where I focus, ~40% of units are electric heat of some kind.

I am a couple hours SE of there and will like to discuss a property purchase.Thanks in advance!

PSU is right in town (west side) but with your budget (which will be tight for a 4-bed in Portland) I’d look in Saint Johns, SE Portland, North Portland, Beaverton/Raleigh Hills.

I understand wages are taxed with full SE taxes.

Not necessarily because it’s as “hot” as other markets per se, but because it is stable, with hot pockets.

Dividends are not subject to SE taxes (maybe you’ve received some dividends from stock investing).