Nevada is landlord friendly, lower property taxes, lower entry prices, and close to SF. 

Your 2023 tax deadline is coming up.

It says that if you live in your Home for 2 out of 5 years that you can Sell it for up to $250,000 Tax-free.

Leader of Real Estate Investment Firm Admits Role in $658 Million Ponzi Scheme and Multimillion-Dollar Tax Evasion ConspiracyAnyone heard of these guys?

I’m also fine with breaking even as the STR is more of a tax play for me.

You need to get your own insurance quote, understand what YOUR tax bill will be (will the assessor revalue the property to purchase price right away?)

But be sure to ask your accountant even if it’s just the local H&R Block guy because it’s probably all a tax write off.

If so, then it should be a tax free sale.

Any tax experts know if this is true or not? 

Is the $775K inclusive of the closing costs, transfer tax, land, architectural drawings, engineering drawings, township approvals, legal fees, holding costs (during construction), realtor fees?