If so, here are some thoughts to consider as you research further: 1) When your IRA or Solo 401k borrows money, it must be a non-recourse loan, and there are lenders out there that will loan to an IRA or Solo 401k, you just have to reasearch.

Welcome to the community and be ready for a huge amount of information at your finger tips.

I'm about to purchase my first rental property with the backing of an investor. How can I structure the contract or investor payout terms to ensure they feel secure and confident in receiving a solid ROI? Any advice o...

If you want to connect, I could advise a bit further. 

If so, I'm not spending my money to buy it down further.

This should be a 100% pass and do not even read further.2.

This further leads me to think that this renewal probably shouldn't fly. 4.

My gut tells me that Texas, particularly Austin and Houston, could be where the next wave of growth and expansion occurs, mainly driven by strong business and job creation trends.Here’s what I’m looking for in my US investments:Free-standing houses with a good land component, at least 3 bedrooms and 2 bathrooms, and in well-maintained condition.Yielding over 6%, with a slight cash flow positive outcome, while also offering medium-term capital appreciation potential.Holding for at least 5 years or more, with a view towards steady growth.The long-term goal is financial independence, reducing reliance on salary-based income, and building assets during this accumulation phase.Debt reduction is on the horizon—looking to consolidate and start winding down debt within the next 7 years.If anyone has experience investing in the Texas real estate market or any tips on navigating US property investments, feel free to share your thoughts!

If you're active in the area or have any tips on how to break into the local market, l'd love to connect and learn from you!

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.