Then and only then will congress kill this idiotic legislation.

He ran the numbers, we used a calculator to run numbers for rental or flip property, and the math made sense.

You can get a "renovation heloc" which will give you a heloc based on the ARV of your property.

When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.

PLUS, you can buy 4-5X as many properties.

@Ana Escudero Property insurance renewals have been challenging the past few years, but there’s some stability with carriers heading into 2025.

Why not use your IRA to just buy the property? 

I use Suncoast to sell my property.  

I imagine people who've had 2nd or 3rd houses in hollywood hills are not interested in rebuilding or doing the work.  How do I go about finding those who'd rather just collect the insurance money then sell it off at a...

Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.