Light to moderate staging will make a HUGE difference in the appearance and first impression of the house too.

The only reason to sell long-term product is if you HAVE to get access to cash in excess of what exchanging up and refinancing would yield.

I then save all excess cashflow until I have enough for a downpayment on another rental, then rinse and repeat.

I am most thankful that I've been given the strength to care for my wife as she undergoes chemo and surgery for stage 3 breast cancer.

So there goes part of the golden parachute at retirement.I think Jason nailed it by breaking down the different stages of your life (or the business life cycle) as to the needs.

Only the amount in excess of the annual exemption counts toward the lifetime exemption, so if you give $33,000, only $20,000 counts toward the lifetime exemption.

It gets even better when you get to the full time stage.

Thanks Realtyman, I will definitely check out the library.I am all about the cheap info that is available while I am in the infant stage of this.

I'm interested in hearing if you have found anything that helps people move from the talking about investing stage to the actual investing stage.

I figure that we will lose around 5-10% of the asset in transaction costs if we have to sell the real estate, but we don't plan to sell any of it.Charles...we have made in excess of 30% annual gains for three of the past four years.