SEP-IRAs or SIMPLE IRAs), donor advised funds, or research & development if you're building out any software to run your business.Just some things to think about outside of the realm of real estate. 

Do you have a burgeoning young adult that is thinking of being an “influencer?”

I purchased my first property couple months ago in Feb.  Have a good tenant.  My first property was turnkey, ready for rent. Should I wait until I have enough savings for a 20% down payment and do the same again?  I ...

Over the years, I've gained extensive experience with STRs, navigating regulations, building teams remotely in various markets and countries, and testing nearly every piece of relevant software.

I was able to learn about acquisition, renovations, project management, furnishing a short-term rental, using property management software, and lowering our cost of living compared to renting.

Remember, many of the new rules, particularly Dodd Frank Act, is the banks influencing politicians to pass such stupid laws with the claim that it is consumer protection when in reality, it is the banks protecting their own interests.

Buy or inherit and hold all their lives while working the properties for income.I've seen teachers, firemen, software engineers and all sorts of people utilize both strategies successfully.

There's a tool called Depreciate'Em that is listed on BiggerPockets Software page(http://biggerpockets.com/software.html)I have found the DepreciateEm.com site to be quite useful.

You can pay a lot of a software... or you can do the following: - Assume you are handed $2.5M in cash in 10 years (pick your number). - Take a blank sheet of paper, and a pen/pencil. - Draw a big circle on the paper.

Hi Russell - I've read differing opinions on your thread and I guess one's feedback will be largely influenced by their experience.