I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.

Hey guys, I recently passed the NC Bar exam and will be a licensed attorney here in a few weeks.

i This particular PM and property I have had for two years.  

I will sell my SFR when they vacate and the multi-family when my loans come due (2-3 years).2.

I’ve been in the game for over 20 years, mostly focusing on multi-family deals, and I’d be happy to brainstorm or share some of my experience if you ever want to chat.

Rental income would be about $2700-2900 per month and taxes are roughly $4000 per year.

If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption?

From what I can tell, all the material and tools you need for investing out of state are provided and I have heard multiple success stories from it within it's first year being live.

What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions).

Along my journey to understand how to acquire my first property, I have encountered people that swear it’s possible to use other people’s money (for down payment, closing cost, rehabs etc) but on the other hand I have investors of 20,30,40+ years who think I am absolutely nuts for even thinking it’s real & make it very clear that I am an idiot for ever believing such a thing and will 100% need to come up with my own funds.