Use the numbers to build confidence.

I've been traveling the last few weeks, but in case what Basit posted was unclear you report 2023 losses on your 2023 tax return. 2024 next year.

I've never done a 1031 but if I wanted to I've read enough of what Dave's said to feel not only confident that I could get it done but also understand what kind of pitfalls I might be against.

The house is in a pretty great neighborhood with excellent schools and options to commute to most parts of the bay area and I am confident that I will be able to rent it out soon. 

Pretty much he gave me the confidence to move forward with my first purchase and I haven't looked back since!

The only areas that we've seen it turn out really well is around hospitals, especially for traveling nurses, doctors, patients, etc and college areas, like around Geneva or Beaver County Community College. 

You may confidently handle the process of transferring your house hacking property to an LLC and optimize protection and advantages by collaborating closely with a real estate attorney, tax adviser, and other experts.Good luck!

The comprehensive guidance and practical strategies provided have not only expanded my understanding of the flipping process but have also empowered me to take confident steps in the market.

I don't have the same level of confidence in the inflation rate dropping and the fed lowering rates as many people do.

However, Lifestyles has enabled me to invest more quickly and confidently with people than I believe I could have done without them.