I wanted to share the numbers and want to make sense if it's a good deal for us according to what we are looking for.Price: $450k (agent said that we can get it down to $420k)2 Units (1 bedroom in each unit)Mortgage with 3 year fixed comes up to around $2.3kInsurance and tax is roughly $400Rent per unit is $1.4k so if we move out then total rent comes up to $2.8kThere's a detached ADU (garage) that can give us another $100-$150 if we rent it for storage and there's a scope of converting it into another unit later on.So currently rough calculation says that it can cashflow up to $300 per month.

If you don’t pay the tax when you transfer the stock to them they’re going to owe the taxes on your gain and you haven’t really “paid them back”. 

Have you seen the post that I was asking about Lamborghini to write off my Airbnb tax?

Most of the easy "lipstick on a pig" transformations are gone - you're often looking at more serious rehabs to make the numbers work.That said, we do have some advantages: strong rental market (lots of students, young professionals), still relatively affordable deals, and good appreciation potential in many neighborhoods.

Regulation will say you have to be registered and pay hotel occupancy taxes, but your unit may not qualify for registration. 

The cost of labor , materials , property taxes , inflation , interest rates  etc .

So many, please message me for details Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Then you can do a 1031 exchange or sell it at a lower tax rate. 

Sharing your vision with real estate professionals, local investors, or even family and friends might uncover unexpected opportunities.