Or what are other tips to start gaining traction from the beginning? 

We also have gained over quarter million in equity, which is helping us scale and grow faster than cashflow would ever do. 

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

Navigating Zoning Laws: Challenges and Opportunities for Co-Living Real Estate InvestHey BiggerPockets Community,As co-living gains traction as a viable real estate investment strategy, it's crucial to understand how existing zoning laws can impact these ventures.

Recently, our real estate agent did a market analysis and estimates we can sell for between $575K-$585K, resulting in a net gain after all of our fees of about $100K.

Take the $500,000 capital gain avoidance.  

Hey David, I just started in the flipping market and am trying to better understand the process of getting started while gaining more knowledge.

I would keep it in a high interest bank account might as well earn as much gain as you can no matter how small it is.However I think some debt pay down would be great not to the point where you are not liquid enough to Jump at another opportunity or can’t make a major repair when it arise.

I’m not even an official member of his community, but the knowledge and support I’ve gained from following him have been invaluable.

Only your half of the gain qualifies.