So, especially with older homes where records may be lacking the information may be incorrect.

If employer doesnt match, might as well do a standard ira if you qualify.

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

Any insights or stories would be greatly appreciated!

Can I consider the tenant of the one room also a "rental"... and include the SQ footage of that room as well in terms of deductions for repairs etc?

What things did you have to outsource being out of state?

If continuously, then you may be best off saving for a bit longer to save yourself all of the interest that comes with GAP funding in the long-run.

Well to be fair, when I was starting I did a lot of 'unconventional' things to be able to buy and build/grow.  

Would love to talk more if it turns out to be a viable option.

And also, attorney recommendations appreciated too, as we would not do this without one that is well versed in the space.