I want to purchase my sisters house as my first investment.

Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation). 

I the understand the wiring for this specific purpose equipment can be considered with the tangible property. 

The tax is based on selling price minus purchased price.

Let me know if you’d like specific product suggestions—I’d be happy to help! 

I’ve worked with a few tools for property intel, and while no service is 100% accurate, some options have stood out for specific use cases:BatchLeads: They offer a solid skip-tracing tool with good accuracy and detailed reports.

Optimizing your listing photos for specific shots that perform highly and leveraging Airbnb AI to maximize visibility in top categories.Why CTR MattersCTR, or Click-Through Rate, measures the percentage of people who click on your listing after seeing it in search results.

I found it very unlikely that the government would not want to get their piece of the pie, especially if they had purchased a new primary home.Donyou have a Tax Code or Publication Number you can share so I can study up and understand your thought process more in depth?

Once that amount is reached, then continue setting aside cash for the next investment purchase. 

This will be my first home purchase, and I am aiming to invest in multi-family properties.What should I be aware of when purchasing a multi-family property?