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17 October 2024 | 1 reply
Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.
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17 October 2024 | 6 replies
I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).
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20 October 2024 | 147 replies
I don't run a real estate brokerage and I'm not an agent so I don't know enough to comment about that industry and who should be fired, etc.
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16 October 2024 | 25 replies
Networking with local investors, real estate agents, and property managers can provide insights and potential opportunities.Attend Meetups: Participate in local real estate meetups or workshops to connect with others in the industry and gain valuable firsthand knowledge.4.
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15 October 2024 | 2 replies
We are new to the real estate industry but we are building a family owned business to earn an honest living while being able to provide and instill good ethics and morals into our children.
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15 October 2024 | 5 replies
Check out the News Release here.Not only did RentRedi make the top 200 overall, but they also secured the No. 23 spot in the software industry and are recognized as the No. 18 fastest-growing company in New York.
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15 October 2024 | 5 replies
If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.
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8 October 2024 | 2 replies
I've come across a piece of land that is properly zoned in a growing industrial area.
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15 October 2024 | 4 replies
If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.
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17 October 2024 | 9 replies
You can use rental income to help you qualify for the loan.Additional Resources:Occupancy Types | Fannie MaeOccupancy Fraud May Be the Next Risk for the Mortgage Industry | CoreLogic®Feel free to reach out if you have any additional questions.