Investment Info:Single-family residence renovation investment.Purchase price: $35,000Cash invested: $80,061Sale price: $152,900Contributors:Peter VekselmanPartner Driven partnered with BJ and Traci Medlen to renovate and transform a distressed home on W.

The whole area of Union Heights is transformed because of my team's efforts.An infill lot's value is primarily determined by what similar size lots sold for in the last 3 years.

By turning them into rentals, you might take long term capital gains and transform them from tax-free to fully-taxable.

You should work with your CPA on this to make sure you're on the same page.Theoretically, you could if you have a repair business, for example, but, as you said, you would have to report income on the other side, which would transform passive income to active income subject to SE.

The idea of supporting another investor’s project and seeing a property transformed appealed to me.

Legislators understand where the economic engine is.It also helps that the first $100 million was deployed cleanly—no waste, no drama—so the city walks back into the Capitol with real credibility.This year’s request focuses on building momentum:– Converting vacant downtown buildings into productive space– Upgrading the Belvedere and Convention Center corridor– Advancing LouMed– Improving the Waterfront Amphitheater– Building a modern regional first-responder training campus– Transforming Jefferson Memorial Forest into a meaningful outdoor destination– Expanding sports-tourism facilities that drive steady visitor trafficHousing is another major pillar.

Immediate rent increases, strategic renovations, and vertical expansion can transform this property into a highly lucrative asset.Side Note: Want to learn more about converting Philly’s RM-1 properties to add units?

The home underwent a full interior and exterior transformation.

The transformation made the home stand out in the area, and the final sale validated the renovation strategy and execution.

But in your case, I feel we failed.As a result, we have made some personnel changes and will continue to pursue our goal of transforming lives through real estate.I would be happy to connect with you personally, if you'd like.