During my time away, I’ve explored different brokerages to hang my license, and I’m proud to share that I’ve now opened my own firm here in the Bay Area!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.

I have heard the summer time season peak is not as large as the winter time but I would still think you would get travelers looking to explore the Colorado Mountains in the summer. 

Areas on the outskirts or neighborhoods that are transitioning could be worth exploring, where you might find a better deal compared to the city center.Another option could be looking at multi-family properties, which can offer better cash flow than single-family homes.

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

Readers are advised to seek professional advice.

I use professionals when I need to.I've had only two Due on Sale called in over 30 years.

Alternatively, explore a self-directed IRA to invest directly in real estate without triggering taxes or penalties.

A couple months later finally starting to feel better.That's when I called in a professional mold remediator.