In Texas we can go inactive, so no Broker, no selling, no MLS access,  but you still have to keep up your education CE hours and such. 

They would get that $500K tax free and the rest of the tax would be deferred in the 1031.A very elegant solution that puts $500K tax free in their hands now. 

During 2022 I had multiple meetings with one of their CPA advisors and gave them access to QuickBooks and Payroll platforms.

.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

The BRRRR strategy was great a couple of years ago, but it's much harder to do now because of the high interest rates.

Louis Housing Authority or tips for streamlining the inspection and approval process?

Neighboring cities like Cathedral City and La Quinta have different rules—some allow STRs, some don’t, so knowing the regulations is key.Properties in golf course communities, resort-style neighborhoods, and mid-century enclaves fetch premium nightly rates.Occupancy rates remain strong, even in slower seasons, due to the area’s popularity for snowbirds, golfers, and weekend getaways.Pro tip: Investors are finding great STR opportunities in areas like Desert Hot Springs and Indio, where regulations are looser, and property prices are still reasonable compared to downtown Palm Springs.2.

How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.

Sometimes the best deals are the ones you don't do.General Tips:  If you have the ability to manage a small 4 plex when you start, it can be an invaluable education. 

If they need access to the property immediately, you can offer to leave to them until you are ready to close.