Hello everyone,Would someone give me an idea of how much money to save for taxes after I sell my rental home?

My personal opinion is that QB and the like are good for very big companies with a complicated portfolio and your accountant who can just import the data and saving him work.

I'm trying to save us the hassle of submitting docs and pulling credit, only to be declined.

I save up enough and recently graduated college a few months back.

The $510 decamps to $208 for the HELOC payment, $75 for lawn care/snow removal per month, and $227 monthly in owner paid utilities -quoted by the utility company- I plan to manage the property, but budgeted for management expense anyway- Furnace and roof were recently replaced- Loan terms are 3.75 with 3.125 points (included in the $7k closing costs above per the bank) - 30 year mortgage- My goal is to buy and hold with an eye on retirement, but of course I'd like to cash flow now. 

Keep in mind, however, that when you pay your 401k payments are made with after-tax funds which means you will have to pay taxes on the interest payments when ultimately distributed form the 401k, usually at retirement. 

Saving your info

My ultimate goal is to develop a passive income and become financially independent so I have more time doing important things like...saving the world and searching for long lost treasures and civilizations.  

It sounds like you did a ton of work to it, and saved tens of thousands in labour costs by doing it yourself.Congrats on the sale and the profit!

Real estate is how I want to retire early.