There are a lot of things to consider when it comes to investing in real estate, especially if you're buying a rental property. Not only are there tax implications that come with buying and selling real estate, but there is also the labor element that comes with being a landlord if you choose to buy a rental property.  In this episode, Craig and Jennifer will dive into the realities of real estate investing, from passive income potential to the hidden headaches of being a landlord. They break down the biggest financial mistakes rental property owners make, including underestimating maintenance costs, dealing with tenants, and the massive tax bills that can hit you when selling an investment property. Plus, they explain the 1031 exchange strategy, a powerful way to defer taxes and keep more of your gains when selling real estate. Here's some of what we discuss in this episode: 🏡 Is Real Estate Investing Worth It? – The pros & cons of rental properties 💰 Hidden Costs of Being a Landlord 📉 Selling Rental Properties & Taxes – How capital gains can eat into profits 🔄 1031 Exchange Strategy – A smart way to defer taxes when selling real estate ⚠️ Flipping Houses Isn't as Easy as It Looks!   Get additional financial resources: https://maestrowealth.com/how-money-works-podcast/  Schedule a meeting: https://timetoseemaestrowealth.as.me/ReadytoBegin   

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