Example: purchase price $100kSell price 240kTaxed 140k minus expenses. your cash out refinance is not a consideration for taxes and neither your loan amount as far as taxes go Thank you, that's what I was getting wrong, the loan amount has not bearing on what I sell the house for.

Hello,I purchased an investment property in Largo, Florida about two years ago.My tenant called me a few days ago and noted she heard a cracking sound and the tile's in the entry way started to lift.I got a foundation contractor to come out to the house and he noted I have raveling soils as well as many other houses in my area and that my foundation is slightly compromised.

I would sell the lot, take the $200k and diversify into dividend-bearing stocks.

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

.🚄 Construction activities on I-15 near Las Vegas indicate progress on the high-speed train project between southern California and Las Vegas, with nighttime work focusing on geophysical and soil testing.I hope you’ve enjoy this month’s newsletter.

Lastly, being a good landlord will always bear fruit so it's best to be on top of every issue that arises.

I really recommend you start with a system you can grow with because switching your entire process and systems over later when you have more properties is a bear.

The ultimate test is what the market will bear.

If you didn't do soils testing when you purchased lots, now would be a good time to understand any other hidden costs.

People are going to set their price at what the market will bear.