High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.

You can contact HCR (DHCR), the NYS agency that regulates Rent Stabilized and Rent Control apartments in NYS and ask them for a report showing the status of each rent stabilized apartment in the building.

States often have their own rules and regulations regarding tax filing requirements.Even if you have a loss, you may still need to report the financial activity from your rental property to the state for tax purposes.

It looks like in your state (CT) like my state PA that electricity is de-regulated meaning that the consumer can actually choose the company that generates the electricity separate of the one that maintains the physical lines and handles billing.

I've talked to several investors and they'll tell me how they did their flips and not charge me $15,000 lol :)Hey Becca, Antoine here (the owner of FlipSystem), we absolutely agree with your own assertion that there are numerous profitable strategies in real estate investing.

Additionally, acquaint yourself with New Jersey's security deposit regulations and be prompt in addressing maintenance issues, possibly with the help of a local handyman.

Hoping to get a pulse on where North Portland rents currently are and where we think they are headed with the way the city is regulating landlords and how Portland is on a slight population downturn. 

While the general principles regarding LLC ownership, asset protection, and taxation may apply universally, specific legal requirements, regulations, and tax implications can differ from state to state.Good luck!

I will say we have so many more hoops to jump through and regulations at the beach STR even though most of the area is STR’s and welcomed.

Other information: I currently AirBnB two of the bedrooms and that brings in about $1,400-$1,500 a month but I will not be able to continue to AirBnB the home once I move out because of the zoning regulations.