Kristen From Spotlight: Get Ready for Tax Filing—the Easy WayHow to Avoid Capital Gains Tax on a Home SalePublished on March 1, 2024When your home value goes through the roof, you may end up with capital gains when you sell.

Take into account variables like affordability, property taxes, rental regulations, and vacancy rates while doing in-depth market research to find viable investment areas.

A bunch of muni's (tax free), some treasuries, VOOG and maybe 10% to dabble in real estate. 

I would avoid anywhere that requires anything but a drivers license.  

Serious buyers, but need guidance on neighborhoods to avoid, what may be for sale now that is already income producing, areas to consider, etc.Thanks!

I moved from NorCal to live and invest in Reno, NV because I still wanted to be close to the Bay Area but wanted to have much more favorable landlord/tenant laws, low property taxes (that don't reassess on the sale), consistent diversified job growth, and land constraints for higher appreciation. 

On the other hand, saving for the second rental property allows you to avoid additional debt but may take longer.

Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.

They specialize in tax deed purchases, rehab, tenant occupy then cash out and refi and repeat the process.

Property cash flows very well and has become an excellent tax shield with my other properties.