Thanks Yes simple, you have it inspected by a led cirt guy, 500 per door.

It’s a simple strategy that can pay off big in the long run.

Welcome to the site.

What’s the minimum we’d need on site to get started with some tent camping sites?

Was curious how separated I could make the two, but doesn’t sound like it’s that simple.   

The real estate investor has advertised on this site, and continues to advertise joint ventures and private money deals in multiple states.

Someone I know bought a ranch to use as a short term rental property in 2021 for $1.7 million.Engineers did a virtual site visit, they were able to assign a value of $347,000 to either 5-7-15 year assets that were eligible for depreciation.In 2021, the bonus depreciation amount that you could take was 100%.This means that the owner could immediately deduct the full amount of eligible property in the year it was placed in service, rather than depreciating it over time.With that in mind, he took the full $347K deduction in his FIRST YEAR of ownership to offset taxable income from rentals.This was roughly ~20% of his purchase price.It was a big win for him.In 2024, the bonus depreciation rate is 60% so the calculation would be different.That said, you can still save and defer a ton.

You turned what couldve been a simple single family LTR into a big management project.Bob doesnt like when Bill opens the windows becasue he wants to use the AC.

As an accredited investor you have access to hundreds of new potential syndications every month (and crowdfunding deals which are the same thing except are allowed to market on the Internet).You may want to start off on a site like CrowdStreet or FinResi , where you can view the variety ( different types of asset classes, strategies, stances) and start to come up with your own method for looking at deals (which matches your unique, personal  risk tolerance, financial situation and financial goals).Thanks Ian.

This is a pretty simple building actually and I'm not worried about a hundred here or there.