Guys - I am a limited partner & invest in a multi-family building passively that was sold resulting in passive gains for 2024.

So we GAIN 7million + tax payors etc.. 

I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.

SBA loans can also be used to acquire laundromats, but it can be tough for a few reasons, some of which apply to smaller size businesses in general.1) Cash nature of the business - This is changing over time as more mats are gaining card systems, but there are still mats out there that only take cash.

From a tax perspective if i am a passive investor how do i stand to gain from deprciation?

By being physically present, you can gain valuable insights into the property's operations, interact with residents, and assess the team's performance.

Biggest gains are if you do it out of your IRAs.

Finally, network with other investors and start small to gain experience.

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

The new data shows that a number of Austin suburbs with at least 5,000 people logged big gains: Dripping Springs (23.3%), Liberty Hill (14.9%), Georgetown (10.6%), Kyle (9%) and Leander (7.6%).