btw the above is not to be confused w/ a BOT.

Even then, if you've built up enough carry-forward losses, a nice capital gain may not trigger any taxes to be paid. 

When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

Welcome to the community and be ready for a huge amount of information at your finger tips.

Hi Sergio, I think there are way too many variables to be able to gain any real insight from responses here.

The inspections alone cost me $1,300, but that upfront investment saved me tens of thousands of dollars and spared me countless headaches.In short, buying older homes requires more diligence and negotiation, but when done right, it can be incredibly rewarding.

Even people who don't mind STRs may not be willing to specifically vote to enshrine them....depends on just how charismatic you can be!

Remember someone may be coming on your property every month to change the sign, unless they have some kind of direct access.2.

What would be the logistics of that if so?

One thing to watch out for... it is a tax, but not an income tax (so it applies to Roth accounts as well).