This can be helpful if you expect your property to become profitable soon.Save It for Later: If you don’t use it this year, you can save the depreciation for future years when you have more rental income.

This approach allows you to reduce living costs while recycling capital for future investments.Good luck!

Hi Amanda, just seeing this post and wondering how it all worked out?

PS this is how I became a home builder in the first place I had funded a GC who controlled the payments and of course in the GFC he did not pay..

Granted, this may be what you're looking for in your ideal "retirement" but worth noting!

After doing this successfully 5–10 times, I’ve found it to be an incredibly effective strategy when approached carefully.I'm curious to hear from others who are pursuing similar strategies.

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”

If this is the biggest positive potential change for your life then I would do it.

If a large investment company wins an auction, SB1079 typically gives you the chance to step in and match the bid within 40+ days.Check your local treasurer and tax collector’s websites—they usually list upcoming online and in-person foreclosure auctions.Hope this helps! 

I love this post prompt.Here's what I got: I had a client who was using PriceLabs on her property and for the first year it was crushing it as a short term rental.