If your situation qualifies as an unforeseen circumstance, you might be eligible for a prorated exclusion based on the time you spent in the home.It's crucial to consult with a tax professional or accountant to get advice tailored to your specific situation.

Appreciating it as a student of the Constitution and as a former trailer park resident.it might depend on which specific individual were talking about, but most of the founding fathers supported the idea of the common person being able to have a decent life with a little property ownership.

Get a local referral from someone who has actually used and closed with a specific HML.

If MFH, it's closer to 500'ish but many specific variables rapidly adjust that such as use of on-site PM assistant's, caretakers etc..

Good luck on your real estate journey, and feel free to ask if you have more specific questions along the way!

Are both taken out of the gross rental income before all of the other operating expenses or after you deduct the operating expenses?

So for example if you have a house under contract for 50k and they don't owe anything on their mortgage but have an outstanding lien of 15k, the 15k lien amount gets deducted from the 50k at the closing table.

There is a 90 day onboard where during the first month of the onboard you work on creating your visions and dreams, figure out what you can do for others and how to execute those goals, get assigned with people in the community who are in a similar situation as you and mentors to guide you, put me into group chats with people doing what I desire, introduce me to people in specific asset classes.

@Luke Morris TamneyI would open a high-interest savings or money market account, specifically for real estate investing, and save it there.

Depending on your specific situation, they may or may not apply.