Quote from @Melanie Baldridge: Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?

For the 20% down, it’d lower your mortgage and eliminate PMI, but buying now could help you start building equity and gaining appreciation.

When I sold my properties, the price did not increase much (though there was still a slight profit, couple with the rental I had over the years and currency gain (bought when USD was low and sold when USD was high).

This gives you the benefits of ownership without the hassles of “landlording” or playing general contractor—in my opinion, it’s a more feasible arrangement if you’re looking to live in one state and own in another.The initial outlay can be pretty reasonable as well.

Due to the income earned in the landlord account that goes to the benefit of the client, you should cut the check directly from the account through the bank and do as the law says, hand-deliver or certified mail.

It is difficult to property vet these operators without learning on the experience of others - that is one of the biggest benefits of finding a Community!

Are you looking to invest in real estate to gain passive income or are you wanting to buy a real estate business and be in charge of operations? 

If so invest locally, gain experience and knowledge, scale up and go from there. 

However, only those classified as "real estate professionals" (REPs) benefit fully from these deductions, which are usually limited to those who spend more than 750 hours per year or half of their work time in real estate.

Our strategic improvements and efficient project management resulted in a significant return, benefitting both our team and partner, Preston Moore.