
26 March 2024 | 34 replies
Option 1: invest money Option 2: STR with Cost Seg Investment income on $1.2 M W2 income 25% tax on Income Money in the bank Value of my time Net Income on $1.2M STR $1M Bonus Depreciation W2 income 25% tax on income Money in the bank Value of my time ($100*200 hrs) REAL NET PROFIT Year 1 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 2 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 3 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$300,000 $250,000 $0 $300,000 ($20,000) $280,000 Year 4 $90,000 $250,000 $85,000 $255,000 0 $50,000 -$100,000 $250,000 $50,000 $250,000 ($20,000) $230,000 Year 5 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 6 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 7 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 8 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 9 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 Year 10 $90,000 $250,000 $85,000 $255,000 0 $50,000 $0 $250,000 $75,000 $225,000 $225,000 TOTAL $2,550,000 $2,420,000

25 March 2024 | 10 replies
@David M. - thank you.

26 March 2024 | 11 replies
https://www.biggerpockets.com/forums/52/topics/1177693-need-...https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl...
24 March 2024 | 25 replies
Quote from @Ben M.: Quote from @Russell Brazil: Quote from @Ben M.: Many believe they will save money when selling for sale by owner, but there is no data that proves any truth to that StatementHow can you say that with a straight face?

23 March 2024 | 2 replies
@Sasha Josephs Welcome!

24 March 2024 | 17 replies
Thank you @Bill Brandt and @David M..

24 March 2024 | 1 reply
Hey everyone I'm new to the forum and I 'm looking to get some advice on building my first rental property.

23 March 2024 | 14 replies
@Joseph O'Sullivan owners should ask less questions about prices & services and more questions about how services are executed!

23 March 2024 | 10 replies
At today's rates I'm not sure it would cashflow by the time you add taxes, insurance, r&m reserves, etc.The average rate today on a 30-Year fixed is 7.38%.