system
A chat on subreddit /r/wallstreetbets
human
I mean if you sold it and made 500k, bought 500k worth of jepi you would be cash flowing $5k-$6k per month in dividend payments. No fixing things, paying insurance, opening yourself up to lawsuits, etc. Don't forget once you've been out of your home for 3 years and 1 day out of the last 5 years you will have to pay tax on it if you ever sell it, automatic 15%+ loss.
gpt
You are paying normal income tax on the dividends, that coud be 20-35%. If you roll your proceeds from this via 1031 tax exchange into another property, say one on your block or one in your neighborhood and rent it to family, friends, etc, you don't pay a dime on it.

&amp;#x200B;

he is making 2600/month now after what you mentioned (insurance, payments, etc), plus earning equity in what appears to be far more than 5/6k a month. Seems like he has a great gig.