Current goal is focused on growing a portfolio and reinvesting cash flows.

This deduction can be applied to either the current year’s tax return or amended for the prior year to maximize financial recovery.

My wife, Elsa, and I grew up in the western suburbs of Chicago, but we currently live in British Columbia, Canada.

These areas are currently great LTR and MTR areas!

Hi Dean - we had access to a DSCR product until a couple weeks ago - it's currently paused, per my conversation with one of the loan brokers I work with. 

Hello, I live in southeastern Wisconsin and currently have a long-term duplex in Wisconsin.

., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?

My question is how do we make sure we can take full advantage of the tax strategies to keep more money in our pockets from our current W2 incomes?

Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

I'll just add that in addition to offsetting future tax liability, I'd like to offset current taxes as well, during my highest earning years.