Reporting begins when it's placed in service, not when it’s first rented.This post does not create a CPA-Client relationship.

However, Opportunity Zone investments require careful structuring to ensure compliance.Evaluate your priorities: If starting a business is the main goal, proceeds from your primary residence (with the capital gains exclusion) might provide the simplest funding option.This post does not create a CPA-Client relationship.

You are building a long-term relationship.

Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.

I imagine there is not much of a relationship with the turnkey service after the sale and I would deal with the PM and Loan company directly. 

Be mindful of recapture tax when selling but consider long-term strategies like a 1031 exchange.This post does not create a CPA-Client relationship.

Work with a knowledgeable SDIRA custodian to ensure compliance with regulation.This post does not create a CPA-Client relationship.

So someone who lends based on deposits and relationships rather than a broker who would sell your loan.

Assuming you are both working and the rentals are long-term, rental losses up to $25,000 can offset W-2 income if your MAGI is under $150,000, with excess losses carried forward.This post does not create a CPA-Client relationship.

It often ruins the relationship.