If interested, DM me and I can connect you to the organizers so that you are aware of future meetups.

In the near future, we’ll be visiting The Shoals area in northern Alabama, where we’re considering a potential move this spring.

Scott has a binding agreement with us that strictly prohibits this type of defamatory, false post, which obviously can cause confusion in the marketplace, for future and current partners.

If purchasing new real estate as part of your reinvestment, a cost segregation study can maximize depreciation deductions, offsetting future taxable income.For effective planning, assess how the sale price is allocated between real estate, tangible assets, and goodwill, as this determines the tax treatment.

:I hope you fix this sometime in the future. 

- Regardless of sale now or a 1031 sale in future years, I would like to take the equity into new real estate opportunities. 

Laminate flooring in main areas with carpet in the bedrooms. 4 bedroom, 2 full baths, and the basement will have a full bath roughed in as well as a wet bar rough in. 1 egress window in the basement for a future bedroom.

Future land appreciation in this area might outweigh any tax benefits from buying in other areas, with a better (tax-wise) ratio.Before pursuing your plan, talk to a real estate accountant to figure out if you can, in fact, benefit from cost segregation.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

As for foreclosure, yes, the debt might go away, but it would wreck your credit and make it tough to borrow in the future, so that’s not a great fallback.