To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.

One is humid and one is dry, the types of activities to do are different in each city, take a look at where you would be the most happy as well if you're going to be living there!

Quote from @Kaushik Sarkar: I’m exploring strategies to scale my real estate portfolio given the current mortgage rate Not sure much makes sense at 11%...Ouch....tough enough at 7.5%   Might have to put more than 20% down to finance....maybe 30% in North Texas.   

Happy to share insights if you’re open to exploring a market like Detroit.

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

then there is active investing such as development and flipping.  

Hi everyone,

I’m currently evaluating a multi-family property in St. Louis, Missouri, and based on the numbers, it seems like it could be a great fit for Section 8 tenants.

I’d love to hear from anyone w...

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

The priority is consistent recommendations from active investors.

You could also explore a jv partnership with a local investor.