They’ll do in-depth analysis with pro forma statements projected out 20 years.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

I feel at this point trapped by the Analysis Paralysis syndrome, as well as time and energy starvation due to a full time job and role as a single parent.  

I don't want to go into details on a public forum, but the house is worth very little and at their age/state of health, they will really need the full amount from their house. 

I’d appreciate some feedback on my current approach and advice if any.Here’s what I’ve done so far:Pre-Approval: I’ve secured a pre-approval amount and interest rate from an online mortgage lender.Property Analysis: I’m using the mortgage and STR calculators from BiggerPockets to assess the financials for potential properties.Neighborhood Research: I’ve been exploring different neighborhoods using Niche to get insights into schools, safety, and livability.AirDNA: I’m considering subscribing to AirDNA for data on occupancy rates and rental income estimates.Questions:Is AirDNA worth the investment for STR data?

Happy to go into more detail with you on how we do this, so feel free to reach out with any questions.

However, as others have mentioned, it’s not common for tax professionals to review just one form, like the 8824, without seeing your entire tax situation.1031 exchanges can get complicated, and reviewing only part of the process might lead to errors or missed details.

I agree that most folks don't like seeing the cost increase as they enter the details of their stay (myself included), but this additional cost is usually split by at least 2 parties or even 3 when there are 8 guests staying.

✅ April: Deep Dive into Sunbelt Markets✅ May: Demystifying Deal Analysis✅ September: Where to Start?

How about a little more detail?