If don't do a 1031 exchange and decide to pay capital gains, I would have about $450k free of taxes (this accounts depreciation and other costs).

Best of luck, and feel free to reach out if I can help!

That's why I am paying for ChatGPT4, which has about 10x the inteligence of the free 3.5 version and make it a point to use it on a daily basis - basically to train me on how to use AI.

So I had to let them stay rent free until the end of July.

So $30k plus any state income taxes leaves you with $150k+ after paying off mortgage.You can certainly do a 1031 tax free in to a new rental.

No matter where you live or where you own assets, I personally recommend the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely for FREE.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Feel free to reach out if you need any advice.

Then, I'd offer some free insights or advice tailored to their situation.

However I prefer it to just be me as this is currently my goal of becoming financially free through real estate and not his at this time.