
26 October 2024 | 3 replies
I think they’re gold mines and I’ve heard of some others that are catching on.

30 October 2024 | 10 replies
The tax benefits have been the largest source for cash income so far; in future years this will likely be lower because much of our tax savings has been due to one-time costs related to purchasing and furnishing a new property.

29 October 2024 | 15 replies
If not what is the best way to reduce my tax payment to what it was originally and is it possible to prevent increases in the future?

31 October 2024 | 8 replies
@Joseph Henry Renting could net you $2800/month and offer tax benefits like depreciation, but you'll face future maintenance costs for the furnace, A/C, and roof.

29 October 2024 | 11 replies
A cost segregation study looks at a property you own to breakdown the various assets you purchased.The goal is to increase the depreciation expense by finding assets that have an asset life less than 27.5(residential) or 39 years(non-residential).Whether you should get a cost segregation study done is whether you will benefit from the study.Will you be able to use the added depreciation now or in the near future?

31 October 2024 | 9 replies
Just trying to talk out loud and I dont have alot of "like minded" people around.I agree that the house in Cali is an asset that has the most potential for future scale so it would be hard to get rid of unless there were better options out there.

30 October 2024 | 5 replies
You grow HSA over years and then in the future you can distribute from the HSA tax-free to reimburse yourself.

30 October 2024 | 16 replies
It was cheap with minimal renovation, but I’m also using this property to build a solid team so my structure will be strong enough for multifamily purchases in the near future

28 October 2024 | 6 replies
The writer is predicting the future, based on current information.

1 November 2024 | 17 replies
Determine which units need work done to get them up to market rent, which tenants may be a future problem, and which units you can simply increase rents without major upgrades.Depending on where you are located, the size of the unit, etc. you may be able to get up to $1,800/month in Bridgeport for a 2-bedroom.