Ensure you account for expenses like maintenance, vacancy, or capital expenditures.

What makes me nervous is that the cashflow accounts for about 70% of my income and I'm wondering if it makes more sense in my situation to sell and diversify.

You'll need to have 10%  thru the sale account by 5pm the day of the win, and will have to pay the remainder within 15 days of the win.

Thus, they take extreme risks and look for corresponding discounts.Additionally, after the first position lender accounts for default interest, penalties, legal fees, foreclosure fees, accounting fees, and everything else, the equity in your combined <65% ARV loan can easily erode to zero.

Additionally, we have a decent amount invested in retirement accounts, which we plan to continue building over time.As part of the move, we’ll be purchasing a larger home.

.✅ Factoring in seasonality—peak months can be lucrative, but slow seasons must be accounted for.✅ Looking at property management options—self-management can save costs but requires effort.4.

Man-Made Elevation: FEMA accounts for both natural elevation and protective features (like levees) in its calculations.Do You Still Need an Elevation Certificate?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

So, if she bought the bitcoin for $1 million and is now using it to close on a $10 million property, that is a $9 million gain that needs to be accounted for in her income tax.

You will really need to look hard in order to find deals that make sense and you really need to take you cost of capital into account when doing your analysis.