We all learn and grow.

Rancho continues to influx and grow.

Managing this rental so far has been easy and it rents fast.Now the SE PDX market seems to be growing at a slower rate than it was couple of years ago and if we don't sell before next year April, I would have to pay capital gain taxes.So my question is - Should I sell this house now and avoid paying capital gain taxes and re-invest the proceeds back when the market hits a downturn or hold on it this house for the long term?

I'm starting in Austin, Texas, because it is a growing, thriving area, and my wife and I want to move there someday.

remember the 100+ year old part... its a bit musty, but we can fix that)My goal is to hang up the corporate gig in 24 months (and yes, I said that 12 months ago)... now getting some more doors in the portfolio will actually allow that plan to unfold.

Most people are good people, I'll remember that when dealing with my tenants in the future. 

Remember brother, it's all about the perspective of life!

Remember, you are creating an extra tax layer and you should speak with your tax professional about the added cost.   

I remember selling my house in MD (close to Washington DC) in 2009 for career movement purposes back to GA, and I suffered quite the whipping to the tune of six figures (all lost equity) on a House I had owned for ~ 5 years.  

. :)  is HML  and I am thinking wow .. this is going to some heartache and sure enough some of the folks that posted have done like 10 loans and 7 are in default.. the foreclosure time in NJ and NY two states I personally would never be a lender in is 2 to 3 years.. and by the time you get the asset back its ouch time.. and that has played out for some folks and there is a high profile one in Atlanta that has been going on for years.. suppose to sell at 6.5 million and its listed under 3 now.. although I think they may get their principal back or most of it but its been 2 or 3 years.. and you know how investors get stressed.. and then the other issue I saw coming with crowd funding .. and remember my background is I have owned 2  Hml companies over the years one of them in Oakland CA with 250 clients and about 50 million under management.. these guys went about raising money from 5 to 10k investors and would literally have 20 or 30 investors in one loan..