Tomorrow your current offer may not be on the table, and taxes won't matter then!

By far the BIGGEST THING I wish could have learned earlier and I am still working on is avoiding other peoples mistakes, by taking their advice.  

Looking for advice - purchased first STR 2023 and we qualify for active income based on rule 3 of the material participation test.

Presumably my gain will be much (less) on the second sell transaction in CA.Are there any regulations on how long I must hold my 'new' CA property before selling it (and going out of state) to avoid CA taxes on first transaction? 

Registration closes on 9/24 :) 

It's got to be incredibly minimal based on this completely inaccurate take on the behavior of Section 8 tenants.

Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

i see that notes focus on cashflow as the main underwriting metric.

Hello BP friends, I purchased my primary residence a couple years ago and it is on a double lot.

Capital Gains can be 20% too, depending on your income.