House hacking will provide you with an onramp, though, and make it much easier to get started. 

It ended up being an easy fix, getting steel braces installed for about $6000.

Why are you starting a new thread when you posted this same stuff on an existing thread? 

.🤝 A Place for BothHere's the thing - it's not really an either/or situation.

We made a great team and grew an efficient department.

You likely only made a down payment of 3-20% ....but you still get to write it off on the full value across 27.5 years.So 400k/27.5 = 14,000 ish a year of a write off where during the year you didn't need to incur an actual expense, no cash outflow. 

@Polat Caglayan we can answer all your questions, yet you avoid setting an appointment with us.Very interesting approach you choose...

My partner and I keep an excel spreadsheet of rent, our purchases, utilities, taxes, insurance, and money spent on contractors.

., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

Hello BP Members,I'm starting on the journey of an investor based out of Dallas, TX.