I am an aspiring investor educating myself in the rental game.

Main goal is to start building a port folio, understanding the ins and outs and hopefully start lookin into property deals where the roi is high. 

Keeping your current townhouse rented enables tenants to continue paying down the mortgage while you scale.2.

Purchase price: $420,000 Cash invested: $120,000 5 bedroom 2 bath property with pool, shed and playground in the backyard.

I live and work in the Atlanta, GA area.

The IRS could apply this doctrine if it appears that the series of transactions are structured primarily to achieve a specific tax outcome, such as avoiding taxes.Regarding the 1031 exchange, while in-laws are not considered related parties, the transaction could still be scrutinized due to the complexity and nature of the other transactions involved.

For the 1.5M downpayment, the target price is only 2.5~2.73M.Case 2.

Given the fact that if  there is a gain a future year the prior year loss can offset it, it seems that one would want to file the loss so they can offset that gain.

That is some remarkable appreciation in 2 years, bravo.

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