After being in the corporate sales world for about 10 years, I realized that I do not want to return.

And when that someone else says the house, they will pay capital gains and depreciation recapture on the sale.

Yes, it's true that you might be able to find a product you need at a greater discount when a brand like Wayfair or CB2 is having a sale, but I've found that they truly do offer superior discounts at scale, even considering the fee. 

You really have to learn the neighborhoods or work with a sales agent who does.

According to CoreLogic, in December of 2023, almost 30% of home sales were to investors!

It can be paid off by a refinance, or a sale or cash out of pocket.The other issue is the pending divorce.

Hello Jorge,In my 25+ years as a real estate broker specializing in multi-family sales, I've only had to challenge an appraisal once.

Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.

If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.

Has info from a variety of professionals with no sales pitch.