I plan to be married to my girlfriend after graduation and she is planning on going to graduate school to be a clinical psychologist, so I am roughly estimating that for the first 6 years after college she will be making minimal income from school stipends.

The appraiser can move through quickly and take the minimal notes and photos they need without touching anything -- they can get measurements and do all of the rest of their work outside. 

So it may be minimal or it may be alot, depends on how high your balance goes. 

There's no way to avoid ridges completely, but the goal is to minimize them, then knock them down by hand when the compound is dry so you can minimize sanding.

At that time (as many of you probably know) it was easy to purchase a home with a 1st+2nd mortgage and zero-to-minimal down payment without PMI...so that's what I did. 

I would like to get some input on any suggestions on how to avoid or minimize this tax.

I would like to get some input on any suggestions on how to avoid or minimize this tax.

@Rick Martin the passive route sounds most fitting for @@Mohammed F.Another thing to consider, if your goal is passive and minimal oversight/management, investing in others deals can present a steady set of passive income streams, but you are limited in your potential for massive returns.

Unfortunately I own the house already so what is my alternative or a plan of action that would minimize risk of either prolonged vacancy or renting it out to a person just  for them to default shortly after and not being able to evict especially during a pandemic in a tenant friendly city.

Wondering if you were able to leverage the gain in equity from construction to minimize the cash needed to invest in it?