The Port Charlotte duplex...given it hasn’t suffered hurricane damage...could command a pretty penny on its own.I recall reading a piece in Forbes that suggests certain Florida markets could remain strong for years, which might help you gauge whether now is the right time to sell.

The stepped up value of the real estate doesn't get taxed as it remains unrealized gains to you and your heirs get the stepped up basis.

They remain whatever the original borrower has.When you use typical financing from a lender, you have the lender's hoops to jump through and loan origination fees, the appraisal has to come in at a certain number, oftentimes an inspection or appraisal will kill a deal. 

Educate the land owner on the potential profit run the numbers and go over the basic proxy and blue prints.Make sure you have a seasoned and qualified Builder/GC because they can be a deal killer with wasted time and inflated material and extended completion dates.

For example, if $100 buys a basket of goods today, in 10 years, with a 5% average inflation rate, you'll need $162 to buy the same items.

Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.

-Periods of vacancy or under-market rents-Property management fees (if you’re not self-managing)-Inflation impacting maintenance and insurance costsTo truly live on rental income, you’d need:Conservative cash flow projections: Don’t base your expectations on best-case scenarios.A cushion for unexpected expenses: This is where many investors fall short, reinvesting cash flow or dipping into reserves for surprise costs.2.

., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

Until then, water remains off.

As I've witnessed, rebranding can make a significant difference in the success of a property, even if the physical appearance remains the same.By charging appropriate fees, exploring additional income sources, and undertaking property rebranding efforts, real estate investors can unlock the full potential of their investments.