All Forum Posts by: Ralphie Hernandez

@Ronan Donnelly. Thanks Ronan

@Guy Yoes. Yes I’m in a Good place. my job allows me to put back all money made from investments right back in to grow. Thanks Guy

@Michael Plaks good info thank you very much...

@Daniel Dietz so much good info. Thank you

@Christopher Smith thank you Christopher very helpful..

@Martin Carstens thank you Martin very helpful.

@Carl Fischer thanks for your response Carl. I i’m married with four children. And I am looking to purchase my first property.  eventually I will have many..

So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he informs me that because I make too much money in my regular job that I will not qualify for tax breaks on my rentals. So my question is how is this going to affect my bottom line? 

@Kase Knochenhauer I have a full time job so selling houses is not something that I really want to do, but if I can save Commissions when I buy my rental or if I have to sell one of my rentals would it be beneficial?

Is it beneficial for me to get my real estate license before I start investing in rental properties?