Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
The Tax Question
So I am just starting out here and in the process of educating myself. I think the BRRR method is great; but, I don't have the resources set up to execute this strategy (yet). I also make decent money and really need the tax benefits of owning RE.
A poster pointed out the large benefit of depreciation and this has caused me to consider buying in A and B neighborhoods for smaller cash flow (with financing) and potential appreciation vs. B and C areas cash at lower price points (30-50k) and higher cash flow.
At the same time I don't really want to pay "retail" for my properties via turnkey.
Thoughts?