View report*This link comes directly from our calculators, based on information input by the member who posted.Just looking at getting into real estate investing.

If you could find a duplex property (or a single family house that could be turned into a duplex--check any HOA restrictions first), or a "fixer upper" to live in, that could be a better use of the equity you have in the rental house.If you run the numbers and decide it makes sense to sell the rental house (check with your accountant, figure out closing costs to selling and buying) then you'll possibly have more money to put towards a primary residence.You may want to check the neighborhoods that fall in the school district you want to stay in and look in "under appreciated" areas...maybe not the A class neighborhoods, but ones that have potential of becoming "improved".While I understand your desire to stay in a particular school district, it's not the end of the world to consider other districts if they will allow you to build real estate/family wealth that will put your entire family tree in a better position."

I see so many articles about the protective benefits of doing this, but my lender (and other lenders I've asked) say that residential mortgages cannot be held under LLCs (only commercial mortgages can), and that doing so can cause your entire loan to be called at once under penalty of foreclosure. 

Schedule D line 20 directs to the Schedule D Tax Worksheet.I happen to have LTCG on line 15/16 of Schedule D, but those are unrelated to real estate.No matter how I fill out the Schedule D Tax Worksheet, I get 0 for lines 39 & 40 (the 25% taxed amount).

Before you have clarity in what you want to buy, I think you need clarity on what your goals are not just for real estate but in terms of how you want you life to look.

A lot of real estate professionals are struggling with the same issues.

I am looking to move my real estate agent/auctioneer business into the land niches (agriculture, residential and commercial). 

That was before I got into real estate.

Depends on your real estate goals and if you have a solid plan for the equity, but the days of getting 2% to 3% rates are far behind us and aren't coming back anytime soon.

They are unprofessional and irresponsible, this stuff impacts us as landlords and has real-world consequences.