There are better ways to spend your hard-earned money.

Instead, it will continue to operate, but with reduced efficiency and output.

This includes 436 residential units (recently reduced from original plans of 460), a 5-story hotel, and 2 million square feet of commercial space, which has already been approved by the county.

Having a washer and dryer will attract more tenants and reduce wear and tear on the property when you have turn overs...and ensure they are properly connected.Ask why they need to move in quickly.

., reduce the sales price).

there's a lot more economies of scale if you reduce the footprint and stack higher like a 3 story walk up. are you worried about the rezoning process?

Is a very cash intensive play but for big earners this is a good investment because with the investment into their properties they are reducing their taxes.

Vacation rentals earn more money but require more hands-on management.

You could start with something that needs cosmetic updates rather than a full gut renovation to reduce your risk.Balancing Income: If your current job doesn’t provide a high income, leveraging real estate to supplement that could be a smart move.

The cost basis is carried over to the new property, but it doesn’t reduce the taxable boot.