Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

Hey Tim,Sounds like your lender is underwriting this as a multifamily deal instead of two separate single-family townhomes, which is probably why they’re pushing for duplex comps.

These two actions were working against each other, so if they do stop Treasures rolling off, this will make it easier (with lower supply) for the Treasury to issue/sell 10yr bonds and potentially lead to lower long-duration bond rates, and thus mortgage rates.

Good luck with that, but I would not push it.

Rolling funds from an inherited IRA into a pre-tax IRA or converting to Roth is not allowed. 

By Friday—just three days after closing—it was listed on the market with professional photos.Over the weekend, offers started rolling in.

I wouldn't touch anything outside the urban core. if your strategy is to buy existing and old I'd recommend not to. as a newer investor depending on your liquidity look at build to rent development. building investment properties below market value by 25% and refinancing out of it to do it again. the urban core has tax abatements as well that are 15 years right now you can apply for. that means that taxes will be around $600 to $800 per year. there's cash Flow but the existing inventory market dried up a few years ago in the urban core. local realtors are going to push you to the trash areas like hilltop, south linden, etc because it's the only place numbers work. columbus is great, but remember a tenant who pays $1800 a month is different than a tenant who pays $900 a month. let me know if I can help any other way! 

A bit about me: I'm committed to learning the ins and outs of the market, and I'm not afraid to roll up my sleeves and work hard.

Hi - we're getting  ready to "push the button" with Kay Properties on a 1031 finance purchase of a $100,000 offering.

Note that Roth IRAs cannot be rolled over but any pre-tax IRA or 401k can be rolled over.