ANY advice and insight is welcome! 

Additionally, there were other changes made to the tax code that affected investors, such as changes to the capital gains tax rates.

Me and my wife decided to build an ADU on the property so we can increase the property value, and gain additional income passively.

I’m here seeking out someone to just take me under their wing and help a newbie learn the ropes or just provide some insight into how they would start investing if they were in my situation.Here is a brief idea of what my situation is:I own a home in Northport, Alabama which is about 20 minutes from downtown Tuscaloosa, Alabama - Home to the University of Alabama.

However, after depreciation and other deductions, foreign investors usually end up paying an effective tax rate of 20% or less.Capital gain tax: Upon the sale of the property, foreign investors will pay capital gain taxes on the gain of the property (Capital gains = selling price - cost - selling expenses).

Balancing these responsibilities with the demands of this project, including finding suitable contractors, organizing communications, and ensuring timely responses, has proven to be quite demanding.In light of these circumstances, I am seeking insights on potential additions to my real estate team that could streamline this process and enhance its efficiency.

@Hayden Charles LangenburgParticularly for those wishing to invest in real estate, real estate investment may offer invaluable expertise and insights.

If you have a gain over a couple hundred thousand I’d’ pry sell.

Ready to gain information and start investing 🔥

These simple questions you'll gain valuable insights into the current status of the property.