Not quite enough for the Mrs to quit her job but it's only my first year...As an added bonus I also BRRRR'd a bundle of my properties.

Bonus if you can buy near UMD or on the UMD free shuttle route and then rent by the room to college students.

Do I just collect the keys, change the locks, and count any payments she makes to me as a bonus?

She got bonus points for that, lol!

If above the safe harbor, you can take 100% bonus depreciation or elect 179 deduction for those asset if you need deductions this year.If you plan to talk to CPA, he/she should be able to help you. 

@Alexander Vasquez hey Alexander, I’m 19 and personally I think being as young as we are is the biggest bonus there is.

Even a new $200-300 appliance, like a BBQ, as a bonus if they sign a new lease for the increased rate, will more than pay for itself if it keeps you from having to turnover the unit(paint alone can get pricey, not to mention 10 years worth of repairs, to get the unit marketable)hope this helps and best of luck!

I love the forms they give as a bonus for buying the book and feel so much more prepared.I still wonder if I can manage it or should I hire a property manager?

In NJ, is it beneficial to offer a bonus to the selling broker?

On some deal I'm going in as LP I'm getting 70-85% back what I put in as year 1 bonus depreciation.