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?

@Andrew Pierce A real estate license can be helpful.

Hey Jeremiah, congratulations on taking the first steps in your real estate journey.

Do you have anybody you can trust?

Hi Justin, I invest in both real estate and low-cost index funds.

Hi Matthew, I live, invest, and do real estate in Muncie.

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

Creative solutions, backup buyers, timeline adjustments… that’s the real work.Patience Is a SkillWholesaling gets pitched like a quick-cash hustle, but if you want consistent income, you’ve got to treat it like a real business.That means:Following a process even when it’s slowSticking with deals that take weeks (or months)And showing up every day whether you’re closing or notIt’s not always flashy, but it works.Final ThoughtsHere’s the truth most people skip over:It’s follow-up.It’s rejection.It’s getting ghosted.It’s constant pivots.And it’s a whole lot of patience.If you’re dealing with all of that and wondering if you’re doing something wrong — you’re not.You’re just doing it for real.

@Surya S KumaresanCheck out the Georgia Real Estate Investors Association, gareia dot com, for networking and education. 

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.