5 Reasons Co-Living is King for Real Estate InvestorsHey BiggerPockets Fam,I've been doing Co-Living now exclusively since 2017, and the numbers speak for themselves.

It’s awesome that you’re looking to put your capital to work despite having a demanding schedule — a lot of high-performing professionals are in the same boat, and real estate is a great path to long-term wealth and passive income.

I would say get together with a trusted accountant and loan officer, both who have experience in rental property, and dig deep into the properties financials.

I recently moved to Houston and am looking to get more knowledgable on the local real estate scene.

Please, share your opinion about real estate investment potential in Cape Coral FL.

This is going to be huge for real estate investors buying and selling properties.

Was there a promissory note and mortgage/deed of trust or security agreement from the closing that indicates that your contribution was a loan secured by a lien a not a contribution of capital?

Since 1031 exchanges also add closing complexity and strict timelines, you can likely skip it unless your tax preparer identifies taxable depreciation recapture.Next StepsConfirm whether depreciation was claimed (or should’ve been).Calculate your adjusted basis carefully, including improvements.Consult a real estate-focused CPA.Let me know if you’d like our downloadable Capital Gains Tax Strategy Guide, it includes checklists and timelines to help plan smart moves around selling, 1031s, or converting to rentals.This post does not create a CPA-Client relationship.

Quote from @Rogelio Molina: Hello, I’m a first-time real estate investor in the San Antonio area, aiming to purchase two single-family homes for rental investment using a hard money lender.

I am new into real estate investing and been interested in this for some time.