We have a lot to learn, but are excited to begin our investment journey.

Tax and Legal ConsiderationsUnderstand the tax implications and legal responsibilities associated with rental income.

Hi! I have a short term rental property. It's a 5th wheel located at a campground. It does not get moved. Will the RV be depreciated at 5 years or 27.5 years? I am unable to find anything giving me a for sure answer. ...

If you’re willing to put in the work and learn the nuances, it can be a great place to build a portfolio.Feel free to reach out if you’d like any pointers or resources—I’m happy to share what I’ve learned from my time investing there.Best of luck!

That said, here is what I've learned.1.

If not, what are property tax sales? 

Are you able to use it easily, only with a HELOC.If you lose your tax deductions, then Uncle Sam is happy to take more of your money each year.Good Investing...

A Mentor – I am new to the area and hoping to find someone to learn from and help that knows the area well and can guide me in the right direction.2.

Many of the folks I worked with back during the dawn of the internet business era have moved on, so this is a learning curve, but I’m embracing it.Partnerships are something I’m open to, whether it’s working on your projects or collaborating on future deals.

Start with one close to home where you can learn and build a team.