However, I'm unclear as to what the total fair market value of the replacement property need to be assuming a $1 million sales price and application of the 121 exclusion.

Yesterday, I posted about 5 tips for new investors and multiple comments were to go more in-depth so I will start with my first tip, Every Market has deals.I will give a few examples:In 2023, I bought four Mobile Home Parks.

It was on market and we were able to structure a 10% owner carry after closing so it was only 10% down.

Cleveland is a tough market to crack man.

Your state laws control, but the loss value to the materials will be based on fair market value.

Do market research, use real estate tools, account for hidden costs, and build a good team to meet your goal.

I'm in the Tulsa market.

Hi everyone,I'm wondering if Rentometer is a reliable measure of market rents?

You could learn the necessary skills to furnish, market, & manage the other unit.

For context, I do have a decent grasp on the real estate market and financing as I have been a mortgage loan officer for 4 years now.