I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.

These are professionals with additional training and a stricter code of ethics.

Not a ton of young professionals except in government roles (Carson City's largest employment option), or if they want a slower pace but are still willing to commute to Reno. 

In areas like Frisco, Plano, or Arlington, proximity to major employers and universities like TCU or SMU can make a big difference.Stay Curious and PersistentReal estate investing is a marathon, not a sprint.

Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

A proper vetting process - background, employment, credit, and reference checks - will weed out 99% of problem tenants. 

The hard money 10% plus additional thousands in closing costs was too much to swallow. 

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate -  Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck! 

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.