Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

What terms are they offering you?

Hello everyone,I often hear the terms cash flow market and an appreciation market?

However, the good news is since you've owned the property for over a year it will be considered a long-term capital gain which holds a much lower tax rate than if you owned it for less than a year.  

I've seen 100 different structures. there's bigger players, more capital, a lot depends on the deal, track record, debt amount, returns, pitching to funds is way different. we separate construction financing and long term financing for the clients that build with us and help educate them.

Bret -For Long Term Rental, which I am assuming your Garage would be, you can take depreciation expense against the total cost of the rented portion including the construction/conversion.Thanks.

Depends on your financial reserves, risk tolerance, and long-term investment strategy.

. - Shorter duration and term.

Remember real estate is generally a long term investment and plan accordingly.

If I was in your position I would look to air bnb or VRBO the property you purchase in San Diego this way you will have less negative cash flow than if you were to rent it out to a long term tenant.