Out-of-state investing in cash-flow markets or partnering with experienced investors for passive returns are also great ways to put your capital to work.

Since I am new to the town, I wanted to seek advice from experienced investors out there.

My goal is reviewing retirement options. 

However, the fact that your tenant intends to pay $800 through the app while their rent is $1,200 raises questions, it’s worth clarifying whether they plan to pay the remaining $400 separately and how that affects both of you.Before signing up, consider reviewing the app’s terms, checking online reviews, and confirming how quickly payments are processed to your account.

It’s a good reminder for landlords to stay adaptable and ready to respond to changes in rental demand.As an experienced loan officer in Georgia, I’m happy to help both buyers and sellers navigate this competitive market.

I think funding someone else who is experienced when starting would be a great way to reduce your risk.

While gifts exceeding $18K per year (2024) require filing Form 709, they don't create an immediate tax, but the IRS may scrutinize this as tax avoidance.Tax-Saving Alternatives:Prorated Section 121 Exclusion – If you lived in the home part-time, you may qualify for partial tax exemption.1031 Exchange – If your share was an investment property, reinvesting the proceeds defers capital gains.Installment Sale – Spreading payments over time may reduce your tax bracket.Adjusted Basis Review – Factor in capital improvements and selling costs to lower taxable gains.This post does not create a CPA-Client relationship.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.

@Sean Yang Almost all of my clients prefer to go "paperless", in that we use cloud sharing services to review documents.

4️⃣ Unverifiable Business – No website, no reviews, and only a generic Gmail/Yahoo email?