I wish I had better news for you but wanted to share and make sure you did your due diligence before pulling the trigger and make sure you had a plan B and plan C if your cleaning people don't show or you've got an issue with the "hot water not working"...

Hopefully you are also patient because it is a matter of knowing to identify the right move and understand the reasons for it, then having the courage to pull the trigger. 

If the rest of the deal checks out, I would pull the trigger. 

I just closed on my first 2-unit property out of state, and the sale triggered an inspection from the County Health Department.

The 2-year records were triggered by me transfering some funds to my wife's account. 

I am ready to start but the climbing interest rates and inflated values have me not wanting to pull the trigger just yet.

When somebody says they just got a wad of cash from a lawsuit then that tidbit alone would immediately trigger a red flag for me .

Hello, I'm looking for some advice before I pull the trigger on my second rental home.

In that case you have not done anything wrong by taking in tenants, just triggered a right on behalf of the bank.

The regulations consequently provide alternate 180-day periods in certain situations.Capital Gain dividends received by RIC and REIT shareholders – the 180-day period begins on the day on which the dividend was paid (not from the date of the sale by the entity).Undistributed Capital Gains taxed to RIC or REIT shareholders – the 180-day period begins on the last day of the REIT or RIC tax yearPartner/S Corporation shareholder – the 180-day period begins: (a) on the last day of the entity’s tax year; or (b) at the election of the partner or S shareholder on the day of sale by the entity.Can the Section 1400Z-2 Election be Made if Investment is Disposed of Before 12/31/2026The proposed regulations provide there where a taxpayer elects deferral and later disposes of the QO Fund investment which would trigger the deferred gain prior to the mandatory gain inclusion date (12/31/2026), a new 180-day period is created for to acquire a new QO Fund investment and to defer the original gain.