I guess I just need to continue analyzing deals to gain more confidence in my ability to distinguish good properties from bad.

Hi, I’ve been looking into house hacking as a way to supplement my income and eventually gain financial freedom so I can be a present at-home mom.

I'm completing a mini flip right now - bought a house for 18,500, selling it for 33,500, which will leave me 15k capital to be taxed on capital gains.

Hello all,Recently bought my first income property in Humboldt Park, in result I also gained some tenants that understand I need to rehab units and move in myself too.

People would rather loose 20-30k to gain a house then 20-30k to inflation. 

You will be paying capital gains if you flip now.

I would love to try this out but I think I’m going to focus on livable properties that require little to no rehabs until I gain more experience 

If you do a 1031 exchange you can avoid paying capital gains. 

He also lived in Property A for ~2 years within the last 5 years (though he's been told by his CPA that he likely won't be able to avoid *any* capital gains because of the way his previous returns were filed.

Well done on the historic gains though...