I have explored a variety of online and physical side hustles, but now it's time to transition to brick-and-mortar as I build towards my dream of creating my own private equity firm.I am officially closing soon on the acquisition of an absentee gas station and laundromat business.

However, just remember that at some point in the future you'll likely have to recapture that depreciation when you sell and pay tax on the difference between your sales price and the amount you have left to depreciate.

The market data is just a useful tool to see what other properties are trading for, and what you might get on an eventual sale, if you're doing a value add transaction.

It has my deferred gain amount as "Gross sales price less expenses of sale" for some reason.

The purchase decision only requires online thorough research, then try to buy in a 401k/ira so you don't have to pay taxes on the Dividends which can be large.

Appreciation and cash flow (in addition to sale price) are all important factors when it comes time to resale and exit that particular property. 2) what class neighborhoods do you wish to invest in?

Listings created by the owners who self-manage are likely to be less formulaic.With regards to opportunities specific to Houston, consider local for sale Facebook groups and classified ads from the local newspapers and websites (perhaps the Houston Chronicle and the Houston Press have relevant listings).

Although I am not in your market, I would say this could be worth it if the comparable sales support it.

Quote from @Katie Van Koooten: The lease transfers with the sale, meaning the new owner will have to honor it.

I am really trying to figure out how to put in a bid on the Baltimore City tax sale (coming up in May).