It’s great to see people with an eagerness to grow in real estate wholesaling.

How can you sell it. does the original owner needs to sign any docs to do that?

Some people I spoke with think it's their attempt to push their skip tracing  packages on you, but I cannot confirm this.Also, the text to lead percentage is .5, on average.

Over 75% of US cities have a population < 10K people.

I travel somewhat frequently for work during the weeks so also trying to wrap my head around how to best structure for that.Anyone open to connecting and / or have any trusted people to help in the event of maintenance issues?

Now that it’s a rental, you can deduct mortgage interest, property taxes, insurance, repairs, maintenance, and depreciation to reduce taxable income, but depreciation will be recaptured at up to 25% if you sell.

If I could find a duplex that sells at that number and is rent-ready, I'd actually be pretty close to 2%.The problem is that if I inverted my analysis and said, "Hey - this hits the 1% rule!"

The amendment could exacerbate the “lock-in” effect, where current homeowners are disincentivized from selling their homes and purchasing new ones.

To reduce taxes, offset gains with selling expenses (e.g., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

I'd love to hear people's thoughts on the current market and any success/fail stories in the Phoenix area.