Bernie Sanders wants a 25% “house flipping” tax levied against investors who sell a property at a profit within five years of purchase.He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.From Bernie's Website"When Bernie is president, he will:Create an office within the Department of Housing and Urban Development to coordinate and work with states and municipalities to strengthen rent control and tenant protections, implement fair and inclusive zoning ordinances, streamline review processes and direct funding where these changes are made.This office will convene key leaders, academics, experts, local officials, renters, tenants, and homeowners to create and implement these necessary solutions.Preempt laws that prevent inclusionary zoning for luxury developments.End exclusionary and restrictive zoning ordinances and replace them with zoning that encourages racial, economic, and disability integration that makes housing more affordable.Require that recipients of federal funding from the Department of Transportation and the Department of Housing and Urban Development make these important zoning reforms.Provide funding to states that preempt local exclusionary zoning ordinances to make housing more equitable, accessible and affordable for all.Make federal funding contingent on creating livable communities.Encourage zoning and development that promotes integration and access to public transportation to reduce commuting time, congestion and long car commutes.Prioritize projects that reduce greenhouse gas emissions, create walkable and livable communities, and reduce urban sprawl.Encourage zoning and development designed to expand and maximize the number of units fully accessible to people with disabilities.Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.Encourage “circuit breakers” on property taxes to protect homeowners in gentrifying neighborhoods from being priced out of their own homes as their property values rise.READ MORE: https://berniesanders.com/issues/housing-all/From my point of view, anything that impedes or obstructs REI's cash flow is a bad thing.

Looking to connect with Drop & Swap expert - Real Estate attorney and/or CPA Looking to combine Drop & Swap, 1031, and TIC purchase.30,000 feet view--Ki and Daniel each owned their rental properties individually in their personal names-Ki and Daniel each sold their rental properties in their personal names and are doing 1031 exchange-Ki and Daniel decided to collaborate on the 1031 exchange by combining their funds to buy a larger deal for replacement asset.

We have always avoided the brunt of economic downturns and have about a 2% vacancy rate.

Like anything, you have to put in the time to become a market expert or team up with someone who is.

I've been doing by due diligence, reviewing the economic base, tracking property values, following employment trends, checking off the boxes you know.

That may be true in many markets, but as an expert in Utah real estate, I can tell you it does not work that way.So much of this is driven by an ability to see the big picture, meaning, if I'm holding this for 10 years, and I know I'll pull out money in a year or two to invest in the next property,it'ss considered a BRRR in my book.  

@Nirav ShahDemographic decline is already (and will continue to be) the biggest economic trend for the entirety of our lifetime.

I am a professional economic developer in the City of Rockville, so I have decent knowledge of the commercial real estate industry due to my interactions with brokers and landlords. 

In addition to good cash flow, both markets have strong economic and demographic fundamentals.

@Mark Rawls - A week ago that price may have been in the ballpark, but a week later with an economic recession probably on the way, what happens now?