Imagine making millions of dollars throughout your career and then having to pay Uncle Sam 30-50% every year instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of the best ways to end up with a much larger net worth at the end of your career.

Take the time, energy and resources you are allocating towards this and refocus it on the underlying real estate.

I'd like to check and make sure I'm on the right track.BTW: I make around 80k per year and I live in central Florida.Here's my strategy:- I'm currently living with family and reducing spending.

I think this gets missed sometimes, or people are surprised that they are taking a lot of risk AND energy/time to get returns generally available already with much lower of the two

For the purchasing process itself, real estate agents, mortgage brokers, and attorneys can help guide you efficiently through transactions, reducing the amount of time you need to spend.Starting with simpler investments like single-family homes or small multifamily units can also help.

Reducing cost is too easy. 

Here’s what you should do:Pause the closing and request a detailed explanation of the fees and LTV change.Negotiate see if they’ll reduce fees or revert to the original LTV.Explore other lenders who might offer better terms and transparency.Always insist on written terms upfront to avoid surprises.

We negotiated less than asking since the property had recently reduced price and the sellers were motivated.How did you finance this deal?

Pay a pm and the profit is significantly reduced 4) path of progress.

I filed a protest on my own and got it reduced a bit....