If you sold and rebought the identical condo in the same building your cost basis would be the new higher cost, so you’ve captured all the gains tax free.  

This is before the "Gold Rush" of building and immigration in Hillsborough and our surrounding Counties on the beaches.

Late 40s is the new 30s and you can still build wealth with real estate.

Enhance your networking capabilities and build connections by participating in local gatherings and becoming a member of Facebook groups.

I can look back and question my decision to go with him based on a number of warning signs, but we know some of the same people and our trusted friend referred him to us.

If you don't have a tax professional already that you can trust and rely on to dive into the weeds on this stuff with, that is most critical to your long-term success in using the tax code to your advantage. 

Just make sure that when you invest, you have a LOCAL team who you have dealt with and trust (Contractor/s and Property Manager at the very least).

I see new homes going up everywhere, and my god the apartment buildings going up.

It's in a city (outside the USA in Mexico) that has seen major growth the last 3-5 years and has great prospects to continue growing thanks to nearshoring and high cost of living across the border in the USA.I spoke to an architect and it looks like a 4-unit building can be built on there.

If you are looking for a consistent performing STR assets then I would highly recommend Fort Morgan, Gulf Shores, Orange Beach, Perdido Key area along the AL/FL coastI have helped many recent investors find turnkeys properties as well as vacant lots for them to build STR new construction homes on.