They aren't making a fortune, never take a vacation and pretty much live for the property. 

I'm in Idaho and I understand why people buy in KC, but why Rexburg if you aren't in that market? 

Since you don’t plan to convert the property into a rental, options like depreciation or 1031 exchanges aren’t available.Step up your cost basis: Add in eligible improvements you’ve made over the years (renovations, additions, even some closing costs).

OK.You have a CRAZY soft spot here so the DECKING also needs to be replaced there... and when we do it, some of those pieces of brick simply aren't going to stay on as they were already a little LOOSE...

The new bill made this permanent.Buy, Borrow, Die Strategy – Instead of selling and paying tax, many wealthy investors borrow against their properties (loans aren’t income).

Hi @Noa Lukela,Not in Denver, but I do think that in most of the country, deals aren't really cash flow positive when you take into account the mortgage, taxes, insurance, vacancy, closing costs, and low rental yields, among other factors.  

Think of it this way, if they aren’t paying their mortgage, chances are they don’t have money to move, which creates a problem.

It sounds like your W2s aren't dependent on living in a certain location?

The guys and gals who are still thriving usually aren’t just doing one thing — they’re layering SMS, calls, ads, and mail, and then letting automation + follow-up convert the leads.AI is taking a big leap in this right now , helping you with out reach and follow up.If youre interested in talking more we can set up a time.

In my area new builds that are in decent developments are priced at the top of the market and aren't negotiable.