@Charles J ReidHave you talked to a lender about what loan product is best for you?

Therefore, this really is something you should be discussing with your CPA.The problem seems less about the nature of the first property's sale income, but rather that the second property was not purchased by a QOF.We can't do backward tax planning in this area.The QOF needs to be established before the second property is purchased, and there are several hoops you need to jump through. 

As a property manager I am (naturally) somewhat biased towards keeping a property and renting but agree wholeheartedly above.

They (the county) made contact with the owner and they are waiting for appointment from the owner to inspect.It seems a bit counter productive to me but I guess it’s the way it works.The county isn’t very helpful in answering questions.

As I talk to lenders about my plans that involve more than 10 mortgages, I’ve realized that I have to work with portfolio lenders, but I’m also learning that the loan products from portfolio lenders seem to have higher rates than conventional loans.

But when looking at products like Propstream, or REIPro that have a maximum allowance of list size per month to be exported, do those of you with memberships feel limited, or is that far more than you would need?

@Gaby PerezPeople always tell me I’m a natural networker and I usually think to myself something about how I’m not sure if that’s true, I wonder if they are just being nice, etc.

It is our business, as investors, to find bargain properties and either hold them or provide them to an end buyer who wants this product.

Naturally, you want to hire #1s as much as possible, and sometimes you will get one of them that their vision of their life coincides with what you are trying to do, but for the most part you need to plan on getting #1s and replacing them on a regular basis.After three decades of managing employees I am a big fan of the contract setup.

LVP is a good product to use in rentals.