I hope to gain this type of excitement also from the world of real estate, which so far seems to be a blast to me.

I love your specific goal and that you've paid attention to that need.

Therefore, since your total gain is less than $416,666, the entire gain is excluded for income tax purposes if you sell it this year.

Sell the condo for a gain of about $70k after selling expenses and then use that money (plus my equity) to purchase a multi-family investment property farther inland.

Putting $3,000 worth of flooring (just an example) into the home to have zero net gain is obviously not worth it.

into your marketing somehow you'd get attention :)

But it just so happens there is an EA here: me :)Your best bet is long term capital gains.

However, I feel like this property would be a good potential candidate to submit an offer on and gain some invaluable experience.

I have two potential BIG wholesale deals on the horizon because of the knowledge I've gained. 3.

Here are the two challenges that I would like to present:CHALLENGE #1: For those who have no money but want to gain some experience, or those who are as of yet unsure about investing their money.Dedicate a time to do these activities daily if possible.1.