Then the seller is holding a note for 5 years.

Our first one took about 3 years to fully finish out.

Or sell using the 1031 exchange along with a partial 121 primary residence exemption There is a way you could take advantage of the 121 primary residence exclusion allowing you to take the first $250k of the gain tax free ($500k if married) and qualify for a 1031 exchange.Say you purchase a property as your primary residence (house hack extra rooms for extra income) and lived there for two years while stationed there.

Or you could add 5% per year to the 160k and give it to your brother when all is said and done.

But consider this: if your time is worth $100/hour and you spend 40 hours a year on tasks you could outsource for $25/hour, you’re effectively losing $3,000 of potential value each year. 

Hello everyone,I have been in ministry for 20 years, working closely with church congregations.

With the flip we sold last year, everyone I showed the house to when selling pointed out the unique things of the house.

'I came to the area about 1 year ago and certainly the growth, the incomes, the diversity, all the good stuff was apparent.

I don’t have any policies anymore that are less than $2400/year.

It's all been a whirlwind of learning and doing and I'm looking forward to starting my journey with the goal of financial freedom in the next 10-15 years.