Depreciation Benefits via Leverage: While you can't claim depreciation personally on IRA-owned real estate, SDIRAs can use non-recourse loans to purchase property.

We’re particularly interested in purchasing a duplex, triplex, or fourplex, or a property with an ADU to start our investment journey.We look forward to learning from and contributing to this community!

I was lucky enough to have purchased before a surge in the London housing market, so I got my foot in the door for 280k CAD.

If you don't do anything within the software, maybe only your bookkeeper needs the software and he/she can print out the reports for you.If you want access, then you and the bookkeeper would need the desktop version and possibly a shared folder like google drive to share the quickbooks file.Intuit used to sell the quickbooks desktop(one time purchase).

I’m a New York City native, but purchasing any type of real estate in this area is not realistic for me. 

I am not sure if I would make the same decision today.However, if you think you can purchase real estate and have a SIGNIFICANT delta as an investment, I would not cash out the 401k now to buy real estate. 

That means an 800K purchase and a 200K rehab (1 million invested) can result in a 400K tax credit that results in 360K CASH back in the pocket of the investor.  

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

I have heard it used different ways.I have used a version of gap funding where the hard money lender funds 85% of the flip (purchase + renovation) and the gap funder funds 10% of the deal.