If your sale is something large enough to split then a transitional strategy of buying a modest NNN for cash and then leveraging on a single family home, or a DST to absorb your debt might be just the fit for you.

Yes, it's a matter of the services you're looking for.

It was through a local broker who brought it to me off-market after he knew what types of deals we were looking for.

Nevada has many of the draws of CA and the added benefits of low property taxes that don't assess on sale, landlord friendly, no state income tax, and multiple tech and manufacturing jobs like Tesla, Apple, Google in the area. 

After many life changes in the last two years my husband and I have decided we are ready to embark on the journey of buying our first home.

Purchased off market for 180k, EST rehab 40k, EST sale price 279k.

The potential ability to add 6-8 additional homes (to rent or sale - still evaluating options), under the new building codes to help spur more housing is the most intriguing thing about this property.

Based on my research, in Pittsburgh, the school board tracks sales of homes and if there is a significant discrepancy between sales price/current assessment values, they will appeal and you get a higher tax bill.

Hi Kerry, I recommend checking in your local FB group to find boots on the ground services and making a post asking for any recommendations.

After doing the math, it looks like claiming section 168k now if only allowed against federal might be more favorable than reclassification.