If someone new got into the industry as a part time agent,  what would you focus on?

I am looking all Kentucky people together at the event. 

hey @Noyessie Hubert Im an insurance agent and I specialize in the home buying industry-- we work with multiple carriers! 

There’s an entire “industry” consisting of gurus, attorneys and title companies that provide services and advice for transacting real estate without paying off the existing lien(s).  

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).

His entire platform to politics, becoming a Mayor, than Senator, was in representing DEAD towns, dead and near dead markets who lost there industry basis and have been eviscerated and NOT come back. 

I don't run a real estate brokerage and I'm not an agent so I don't know enough to comment about that industry and who should be fired, etc. 

Lots of things are going on in the world right now, to include Hurricane Milton and we keep those in Florida in our thoughts and prayers.From the previous month, below are some real estate updates, data points, and current events!

@Mike SmithyIts been a while since I was licensed in Texas, but I seem to recall that the landlord can only deduct actual financial loss, in the event of a premature vacancy.