I’ve been most successful building wealth with positive cashflow by buying houses that were like 6/3’s and renting to other solo professionals who lived with me and shared my kitchen and laundry instead of 2 one bedroom or two bedroom apartments.

You may want to confirm this approach with a tax professional for added clarity.

Hi Timothy,I would suggest that if you’re not experienced with cost segregation studies, it’s best to hire a professional to do it for you.

I have a tax question / real estate professional question.I myself have a W2 job and my wife is a stay-at-home mom (no income).

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Readers should seek professional advice.

Readers should seek professional advice.

Plus reducing capital gains You want the seller to extend multi-year credit for tens of thousands of dollars to someone whom professional lenders won't touch.

Good luck on your purchase, PM of multi-unit properties is for the young or those with professional management.

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