As you know its near impossible to find a good cash flowing deal in CA due to sale price, taxes and lack of inventory.Last one I closed on was over off of Germantown Road it was a great 2 unit that needed a little TLC for $160K but passed an inspection and was livable.

@JD Martin taxes and insurance are not debt.

I’d fix it up and list it to sell after I’d been there two years to take the gain tax free.

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.

Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?

Best to check with a tax pro to ensure compliance!

You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.

This is primarily due to two key factors: low inventory (leading to tight margins) and high interest rates.

We are now married and I expect we'll file our 2024 taxes jointly.

What are true returns for comparison, before or after Income taxes?