– Considering Class A properties with established tenants• Less focus on appreciation – Prioritizing income stability over potential future gains Current Opportunity: I’m evaluating a retail property in downtown Portland with:• >80% occupancy, most tenants in place for 10+ years• Decent cap rate (6-7%), NNN lease• Well-maintained, high-quality building, with existing HOA which will take care of maintenance. 

As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

Pay attention to what's connected. we also use the same mailbox.

I'll make sure to spend the initial deals learning and asking questions to gain practical insights.

Check out the rookie podcast forum, you will gain a lot from it. 

We are responsible for the mortgage as of January 1 - but it's come to our attention that they stopped paying it back In October 2024.

If I do, I need to sell it by July 2026 in order to not have cap gains.

I would imagine the LLC will have its own EIN, but we will still report the gain/loss as pass-through income on our joint tax return.

That higher interest will be a lower cost than the closing costs for the refinance so a net gain (depending on your new loan size).