I learned this when I bought 12 new builds for GOZONE tax bene's really nice brick homes in best part of town but values just did not rise enough so by the time i had to change everything out and pay sales commish it was break even at best..

Ready to jump ship on our lender if there's someone else out there that can get us to close by March 16th.Details:Powell County KY 35% down Excellent credit (although we've had two hard pulls recently - by the same lender)Property appraised for 3% over purchase priceAll paperwork (tax info, pay stubs, bank statements, etc.) in a folder on my computer and ready to submitHurdles we've been dealing with:- Unresolved mortgage on previous owner (we've been told it's been resolved)- Small judgement lien against previous owner (<$1000) can not be resolved.

Definitely a question for a tax attorney/accountant, especially with the dollar amounts involved. 

A big sports bet might offer a quick adrenaline rush but real estate provides tangible long-term rewards like equity growth, passive income, and tax benefits.

One time when I bought on owner financing, I totally forgot that I didn't have property taxes included in my interest-only payments to the seller. 

Also, cash flow from the rental needs to cover your mortgage, insurance, and taxes.

Make sure to plan for the added rental income/ordinary expenses on your tax return. 

Foreclosures force the owner to sell because missed payments, probate forces heirs to sell a family members home, liens ultimately force a person to sell there homes to pay what they owe in tax/fines etc.

No state taxes, high appreciation, Economic and Job growth, Population growth, etc. 

That's if you wanted to buy land and build them within that timeframe you are permitted to as long as you can close within 180 days. these are 3 story walk up triplexes urban infill with tax abatements. we have 8 approved so far. you could also look at land plays to grow. i don't know how much you are receiving from proceeds but I could do a few financial models to show you.