If in 20 years the house you purchased is worth 2-3X what you paid for it, and has been paying you cash flow per month that is equivalent (or better) than what the principal would generate for you, are you even going to care that you had a bigger tax bill one year 2 decades ago?

However, your investment in the house, officially called tax basis, did not go up.

it's out of state so this is not a house-hack so why a duplex?

We have told my ex-wife that we are willing to let her stay in the house for a time but she needs to pay rent.

House was listed $142K.

My clients who invest in Section 8 housing do so in 'not quite' transitioned communities but that have low crime rates.

I love the idea of flipping houses and I love finding good deals.

@Sebastian AlborsIn my experience, buying a single-family home (SFH) in Asheville and house hacking with a family member like your brother can be a smart way to balance costs.

I myself have been trying to find a property in that area to house hack since I moved here for a job.Is there no provision in the lease agreement for land renewal?

My wife and I have owned a single family rental house in Indianapolis for 1 year and are trying to decide between an LLC versus a personal umbrella policy.