i learned alot about real estate while doing that and as i was figuring it all out DESPITE LAWYERS AND OTHER "EXPERTS" TELLING US WHAT WE SHOULD DO - something struck me and said - YOU CAN DO IT.i lived 33 years of my life with an employee mindset.

The law says something to the effect of 2 of the last 5 years, and I believe that 1031's and homestead's can not be intermingled.

most home owners are already burdened enough with using and paying for realtors, lawyers and closing costs...investors need to sell their homes - they might not blink twice at using your services?

I heard there are new Rent Control laws in effect.

If you're going to take on the responsibility and issues with owning and renting a property, then it absolutely has to cash flow in a way that will positively effect you and your families lifestyle.

The pod cast suggested writing to several people becasue not all of them will want to sell, but chances are that someone out there would rather have the money now than waiti to collect it over the next 5 or more years.Once they agree to sell, the lawyers get involved and then you own that mortgage and the debt is now paid to you with interest.I am sure that there is a way to purcahse the loans from banks also, but I am not sure how unless you just call them up and ask.

Now, if there are other legal ways for me to improve my tax situation, of course that would be nice but with only 2 properties at this point, it hasn't been worth my effort to really investigate.Obviously I'm not even close to a CPA or a Lawyer but would gladly take free advice on how to save myself a few bucks...

You would only have to have the lawyer look at it once.

“The Journey is as important as the destination” Keep in mind that real estate is a process that typically does not produce immediate cause and effect outcomes like many things in life.

These days there are Mold Doctors, mold lawyers, as well as mold inspectors and mold redemation company's.