Hey @Jacob Lockard, so I am not a fan of getting rid of properties, but in this case it seems like the way to go.You have lived in the place for 2 of the last 5 years I assume?

Hello everyone, me and my wife are be looking houses for flip in the last 3 months and is being challenging finding deals any advice for new investors like us 

We weren’t having issues selling on contract until late last year (I’ve owned it since 2021).

Be sure to include in your math the loss of the section 121 exclusion on your $50 gain in value.BP members often ask if their former primary residence makes a good rental and in most cases it does not (unless pre-planned as such).

Hello BPer's,I purchased a property (vacation/STR) in Garden City Beach last year. 

These early experiences are laying the foundation for your successful and long-lasting real estate journey.

@Abiy Tedla I have mostly gone with white cabinets with black hardware on the same as is the market trend currentlyPersonally, I'm a fan of staining cabinets more so than painting since it lasts a lot longer and is more durable (plus I think it looks nicer than painted cabinets too) Additionally, using stainless steel appliances and under-mount sinks definitely adds to the oomph factor of the property even though they aren't much more expensive than their counterparts

I used to speak at IMN Conferences and I went over from Tampa last year.

Many find themselves at a loss because of depreciation. 

Because if we can take deprecation losses from our rentals, we can use that loss to offset our other active income (from being a broker for example).