So long story short we have a traveling nurse staying at our rental that got some water damage when the roof was being replaced, they don't have renter's insurance (which we require in the renter's agreement they sign), water damage has been remedied and is cosmetically minimally affected and still very much in a liveable state.

How else can they strike and demand higher pay if you replace them. 

Therefore, you can defer taxes on the transaction when you sell an investment real estate asset to buy a replacement property of equal or greater value.It’s important to note that the capital gains tax rate varies from state to state and your tax bracket.

Hey @Nicholas FogalIt sounds like you’re at an interesting crossroads with both opportunities and decisions to make.

@Nelisa LeeIt sounds as if remote team members is a step up from VAs.

Hi Grayson, with you mentioning conventional 5% down and FHA 3.5% down, it sounds like you are referring to a primary residence.Private Lending/Hard Money Lending is usually on investment property (We can do primaries but it is highly regulated & varies state to state so most refrain from it.)If you are looking to get into a flip, long term loan, whatever it may be.If you have no experience & a solid fico, rule of thumb is 20% down.Hope that helped :)

That sounds pretty interesting.

Hi Kegan,It sounds like you and your wife have a solid foundation with your dental practice, building purchase, and investment contributions.

That sounds about right, you might even be able to get slightly more depending on location. 

As in any business, there are a lot of tire-kickers which minimizes the amount of time I may spend beyond a quick intro call.Good luck,SteveIt sounds like you’ve established a solid approach to lending, focusing on experienced borrowers who can keep your capital active without rushing into deals.