For example, if your rental generates $25,000 in income and you have $10,000 in depreciation, it can reduce your taxable rental income to $15,000.Happy to discuss this further.

I have been able in 2024 to generate (as of today) 22% of my Smokys properties income via direct booking and 38% of my beach properties income via direct booking.

How are you generating steady cash flow, benefiting from appreciation, offering tax advantages, and diversifying your investment portfolio?

Sell: If the area is good for short-term rentals, holding the property could generate strong cash flow, especially with no mortgage.

Good news is its fully rented and generates enough cash to satisfy a 14% HML (give or take), that's pretty robust. 

Minimum you would need to generate enough income to pay yourself that salary, as well as cover all of the payroll taxes, other expenses, admin burden of payroll, and still generate enough of a return to take distributions. 

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).

If you buy properties in a city where rent increases don't outpace inflation, you can't achieve financial freedom—no matter how many properties you acquire.For example, suppose you buy enough properties to generate $5,000/Mo, which replaces your current income.

People that preach debt to scale ad nauseum are still believing they'll build generational wealth with this.

- **Next Price Cut**: If you’re going to drop the price again, it’s important to make the cut meaningful enough to generate new interest.