As of 2024, the bonus depreciation is 60% (subject to change pending the passing of laws) which allows you to immediately depreciate 60% of the asset’s cost.1031 ExchangeA 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).

I would double my initial investment even after capital gains taxes.

The seller would like to net the most but also carry a note after at least 50k in taxable proceeds, in order to defer her capital gains.

I'm eager to gain all the knowledge and insight I can from this platform and I am very excited to connect with like-minded investors.

There are many people on here and other places like meetup that you can gain experience in flipping with little or no money for the education portion. 

I would appreciate being connected with any reliable nonprofit REIA or Meetup clubs in New York so I can gain knowledge in this area.

I learned a ton of information in my four years at the Colorado State University school of Veterinary Medicine, but it pales to the practical and applicable information I gained with boots on the ground working with older and more experienced veterinarians on a daily basis. 

I'm eager to learn from your experiences and gain insights into how to get started, pitfalls to avoid, and strategies for success.Specifically, I'm interested in hearing about:Getting Started: What steps did you take when starting out as a private lender?

Total of $87,256 in non-cashflow gains. 

I wanted to share some insights I’ve gained while working with new construction duplexes in Indianapolis.