Depreciation can create paper losses to offset rental income or passive income, and qualifying as a Real Estate Professional (REPS) or STR loophole can allow losses to offset W-2 income.This post does not create a CPA-Client relationship.

I’m looking for a structure that would at least allow me to break even, or create capital through something like the BRRRR method to use for future deals.

Newly created companies after January 1, 2024, must register within 90 days.There are significant penalties for missing filing deadlines.

I've only owned a couple sfh am middle-aged and not sure I agree with flipping sfh at this point to create wealth, time freedom and passive income so I have been reading and there seems to be a lot of talk with multi-families and more specifically apartment investing.

Lease Options: Structure a lease option for the property you're flipping, allowing you to control the property while securing financing through the lease payments.By combining these strategies, you can create a unique financing plan tailored to your specific project and financial situation.

Ensure you have an emergency fund for vacancies or repairs and verify market trends to confirm the investment supports your long-term financial plan.This post does not create a CPA-Client relationship.

My husband and I are ready to fully grow our portfolio and create better generational wealth.

Worst case you can transfer the money from the current custodian into Fidelity and back and forth it would just create work for you and possible wiring fees....

What I wrote above does not create an attorney/client relationship between us.

Sold on 11/15/2024 for $249,900, this project highlights our commitment to creating value and achieving substantial returns.