@James Kiefer welcome to the forums and congrats on the first post!

The podcasts, the books, the forums, the community, lean into it.

However, I’ve often felt alone in this journey—especially when making big moves—and that’s what brought me to this incredible forum.

Subtract depreciation, explained here:https://www.biggerpockets.com/forums/51/topics/1121063-expla...Because of Step 2, depreciation, many cash-flowing rentals end up showing $0 net profit, resulting in no tax increase and sometimes in tax decrease.

Here’s the advice restructured into paragraphs for a forum post:---In an off-market deal, it’s important to understand that the broker typically doesn't owe you a fiduciary duty unless it's explicitly stated in the agreement.

Either way its so refreshing to hear this work for others in this forum as opposed to people saying they are savages and need to be treated like animals.

It's great to ask these questions in the forums to get a feel for things but it's not a substitute for getting "official" advice from an REI-savvy tax pro that you have hired.Regarding what to deduct versus what to capitalize (and depreciate over time), your tax pro can walk you through that for each line item.

And to the seller more reward = make the buyer pay more.I have seen one way this was done on the syndicator review forums.  

Here is my experience house hacking at 22, and what I ultimately regret: https://www.biggerpockets.com/forums/922/topics/1133476-hous...

Hello BP Community,I am a rookie to real estate and a long time lurker on the BP forum.