Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.

There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes all property types and price ranges.

Some attorneys now specialize in these.

Other methods:Real estate agent: Ask a local real estate agent for help Title company: Contact a title company for a more comprehensive property search Online property search platforms: Use specialized websites that offer property owner lookups.

In order to add living space to the home, we worked with the city to develop egress window codes to add an additional bedroom as well as beautifully finished bathroom and family room. 

So, if there is leftover paint with the color code or if you know it you are set.

Additionally, there is specialized equipment including diagnostic machines and hydraulic lifts.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Without the violations, the unit is just non-conforming, meaning it doesn't meet the current code. 

Consider working with a Realtor who specializes in investment properties to help you find the right deal.Run the NumbersThe key to successful house hacking is making sure the rental income from the other units can cover most, if not all, of your mortgage and expenses.

Assuming you are sticking to code and getting all the necessary permits, your costs could be higher than you anticipate.