But if the stress and financial burden are outweighing the potential upside, this might be a great time to cut losses, free up capital, and reset for a more promising opportunity.At the end of the day, successful investors make decisions not based on sunk costs but on future potential.

He has a free YouTube channel and a Facebook group as well.

Your primary residence - if you've lived in it for 2 out of the 5 years prior to selling you'll get the $250K/$500K tax free iike @Clint Galliano said. 

Welcome @Pratik Patel, feel free to reach out if you need anything!

Do you have any beginner tips for someone attending judicial tax sale which is supposed to be "free and clear" of liens?

Feel free to message me separately if you'd like. 

Otherwise, it’s treated as a partnership requiring Form 1065.Get an EIN (Employer Identification Number) from the IRS (free) for tax and banking purposes.Separate personal and business finances by opening an LLC bank account and keeping rental income/expenses distinct.Consider an operating agreement, even if not required by state law, to define ownership and responsibilities.Liability protection: An LLC helps shield personal assets, but you may still need landlord insurance and an umbrella policy to cover lawsuits and unexpected claims.Tax strategy: Rental income typically passes through to your personal return (Schedule E).

Feel free to inquire about their staff qualifications if it's a larger organization.2.

Please feel free to ping me if you have any questions or want to chat!

Talking to an appraiser early is a smart move—they can guide you on what improvements will add the most value.Don’t forget to fix any deferred maintenance and highlight unique features like tall ceilings or original hardwood floors.Let us know how it goes, and feel free to ask more questions—we’re here to help!