I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

Step two is learning to make it profitable.

Attractive Tax Environment for InvestorsGermany offers favorable tax policies for property investors.

This is a great place to learn and to connect with people so take advantage of all the great resources.

This is a great place to learn and to connect with people so take advantage of all the great resources.

You will want to fully understand the tax reporting burden you will face. 

There are tax benefits to running everything through an LLC, but again, seek advice from a tax professional.

Of course to maximize your tax benefit it needs to be sustainable over time. 

I appreciate the encouragement—I'm excited to learn from and connect with investors in this community.Right now, I’m primarily focused on house hacking in the LA market, but I’m open to exploring out-of-state opportunities later in my career.

.: Quote from @Don Solt: Hi folks, As the topic states I'm looking to learn everything I can about the City of Philadelphia and its real-estate market.