A great way to start is by learning how to analyze deals and exploring strategies like buy-and-hold or house hacking.

It’s worth reaching out to your local tax office to explore options.

However, given that we anticipate completing this project well before that timeframe, I’m exploring alternative solutions to better align with our timeline to get our investment back soonerThank you again for your assistance! 

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Start by exploring books, YouTube channels, market research, and analyzing trends in neighborhoods.

Starting with remote investing, like in Charlotte, can be an option, but it might be worth exploring local opportunities in Orange County too.

Relatively small amounts of interest income ($1600+ per year) is the highest taxed form of income I have found if you have kids at home.After earning a few grand in interest, It takes away my child tax credits and gives me an effective tax rate of 70%.   

Selling and exploring a 1031 exchange could make sense if you can find a deal with stronger cash flow or faster equity growth, but the key is comparing your current return to what your skill and experience could generate in another investment.Here to help,Jorge

I learned a valuable lesson when I was a kid.

Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.