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10 February 2025 | 16 replies
After depreciation you probably got that return almost 100% tax free.
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5 February 2025 | 4 replies
No state taxes, high appreciation, Economic and Job growth, Population growth, etc.
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13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
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11 February 2025 | 8 replies
Are you aiming to build a significant portfolio over time, or do you plan to keep it more manageable with just a couple of rentals?
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20 January 2025 | 4 replies
Do you own the entire building and have other occupants complained of a problem?
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5 February 2025 | 29 replies
You are hopefully getting good cash flow, appreciation, mortgage paydown and tax benefits.
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10 February 2025 | 6 replies
The reality is, while house hacking can be a fantastic way to build wealth, it’s not always as simple as it seems.
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5 February 2025 | 2 replies
So many variables can turn a deal sideways from 1 hour to the next - i.e. inspection findings, title issues, contracts, financing issues, taxes, dept. of buildings/local municipalities, etc.I'm glad to hear you made it through the challenges, and it sounds like you'll be able to leverage this experience as you grow your portfolio.All the best to you along your journey!
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7 February 2025 | 23 replies
First build a team, then build a empire.
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11 February 2025 | 7 replies
I’d recommend starting with rental arbitrage to get your feet wet and generate some positive cash flow.While I haven’t personally done rental arbitrage, some of my employees have, and they found it to be profitable.However, as a long-term strategy, you’re essentially building your castle on someone else’s land.