After expenses and mortgage, I end up with a net cash flow of anywhere b/w $150-$250 which I find rather small, and I wonder if this could even get eaten up by tax filing time.

In today's age of information, you can find actionable intel online for free (or cheap, like on a $50-200/month budget) more than you can digest and act on it.The only time a guruship might make sense is if you meet these conditions:1.

Is it worth waiting until September and hope the market is still as strong or take the hit on capital gain taxes and sell now.Secondly, if we do hold this property would it make more sense to prioritize debt paydown (instead of investing in another property, put our cash towards our mortgage payment and have it paid off within 10 years.

They will see it sold for 500k with all the pictures online, and appraise it for 500k.

Another question would be, how reliable are these documents that I create online?

This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.

Do I understand correctly that I can roll over the IRA and non-IRA stocks into a Solo 401k, not the Roth IRA, then use the $ value of these investments to fund R.E. investments, such as down payment for a mortgage, or purchase outright?

Unfortunately not, Gabriel. 1031s are quite strict, and involve equal “equity” deployed in order to persevere the gain deferral.That said, if you’re okay with realizing *some* capital gain on boot / mortgage boot, you can pull *some* cash from the 1031 exchange.

From what I understand Prince George's County for instance, the tax lien supersedes past mortgages, bills, etc.

It seems like with the low purchase price we might have to use one of the online calculator type services.