So I would continue to hold the property - but I would be sure not to miss the ability to exempt the gain - so be sure to sell within 5 years.  

A lot of people sleep on properties that have been sitting, but where some profitable opportunities are.That said, I’ve been spending a lot of time working directly with investors and sourcing off-market multifamily deals—ones that never make it to Zillow or Redfin.

So people argue a) whether it is actually required and b) what are the consequences if you do not file. 

But I see people turning long term or highly appreciated primaries in to rentals.

I'm seeing a lot of people lately trying to force themselves into house hacks without an immediate cash flow/equity play and "banking" on appreciation or rates dropping. 

I have taken at least 100 people out to coffee, breakfast, lunch or dinner to let them know what I do.

🇺🇸Looking forward to connecting with like-minded people—feel free to say hi!

🌟 There are definitely people in the Milwaukee area, including Bay View, who rent out rooms on Airbnb.

Rather than just grinding for the next deal, I’ve put more focus on surrounding myself with the right people—those who challenge me, push me to think bigger, and share similar values.

We prefer 600 or better but are willing to work with people under.