Extra income by renting and the benefits of appreciation.

If one moves out and you get half of the rent, reject the payment.

Fourth: even if the entire deduction is available, it results in much smaller automobile deductions in future years and extra taxable income when you sell the vehicle or trade it in.

E.g. you could have adjustments for extra garage, carport, bedroom, etc.So when doing Comps for a typical wholesale or Flip deal how many of these adjustments do you typically run into?

Too many investors are not aware of the tax benefits and extra cash flow that could be theirs.

I had large payments on my personal loans due and extra money going out to finish the project, not ideal.

As I understood that allowed me to have an extra layer of liability protection. 

Add outdoor security cameras (just let guests know they’re there) and maybe some motion-sensor lights for extra safety.

And if you’re ever looking for boots on the ground, I’ve got a great network of investor-savvy agents who specialize in the Austin area.I’m here if you want to talk specifics or need an extra pair of eyes on a deal you’re considering..

If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.