You have to live somewhere, so if you can have most of that paid for by someone else, it's the quickest way to amass more cash and buy more properties. 

Invest where you live is best.Get  a great Agent Get a great Contractor Get a Mentor to make it happen Phoenix area doubles in value every 4 years.

You can hold it for 2 years and not pay any capital gains tax if you live in the property as your primary home.

I live in that now.

I live in the Bay Area and I want to get into real estate, but there's just not a lot on the market right now and what is on the market is selling for hundreds of thousands of dollars over asking price.

If we were to sell, we're looking 1.2-1.5mil.Our situation is we want to purchase another property for my parents to live in - it would be 600-700k condo.

I live in one of the units and rent out the other 2.

Hi, if my wife becomes a real estate agent in New York (we live in NY) and we buy properties in other states such as Florida or Georgia, can we use segregated deductions on houses we buy outside of New York in order to pay less income taxes from my earnings?

I found a great deal on my first investment property (besides the home we live in), and I need help with 2 things:1.

@Divya SanthanamI live here, invest here, and love it (during spring, summer, and fall).