I'm not sure the reason for filing it at the end of the month either.

In addition, I live with my parents so even househacking will still cost me over $400 a month, which is what I pay to stay with my parents.

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.

We host meet ups on the First Wednesday of each month (next one will be in September)  hope you'll join us!

The difficult part is going to be for buyers who will have to either come up with the funds to pay their broker or negotiate seller paid closing costs to cover it

Cost to acquire is ~100k and I plan on spending an extra 15k on repairs. 

Now that they are growing again, affordable supply (in terms of single family homes) can no longer be added due to labor and material costs.

All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).

I have about $150k cash on hand as well as I am planning to get a construction loan to cover the remaining cost of a duplex.

Then a year later I plan to purchase another property with a goal to make me 5k a month in cash flow.