
18 October 2024 | 7 replies
I'd recommend starting to network with local REIA and joining community groups or online forums related to real estate.

17 October 2024 | 5 replies
You go to these to meet others and to network, not to necessarily hear the speaker.

17 October 2024 | 1 reply
Similar to a 401k, part of the strategy is a tax arbitrage.It is a much better outcome to take the deduction at 37% rather than 24%.Lever 5 - % Bonus AllowedIn 2023 Bonus depreciation has been limited to 80%, and will continue to ramp down 20%/yr until it hits zero in 2027.Bonus depreciation has come and gone in the past, but the more you get, that first year payback is higher and higher.Lever 6 - % Payback RatioUltimately how much you save vs. how much you pay matters.Caveat - Talk to your CPA before you purchase a cost seg study.You need to have a way to monetize your losses through1.

17 October 2024 | 7 replies
Network with investor-friendly professionals and find a mentor or accountability partner.

18 October 2024 | 1 reply
Lean on your network for advice—don’t hesitate to ask questions!

19 October 2024 | 5 replies
Network with some investor friendly agents that might be able to help you - they should be able find you deals and get you resources that you'll need to be successful.

19 October 2024 | 11 replies
But... the market is very, very tough right now, and what I tell everyone in your position is: if you're serious about it, you have to pick a market, go to it in person, and be willing to spend time in it in person, building a network and getting to know it.

16 October 2024 | 1 reply
This is typically done through a change in accounting method using IRS Form 3115.This post does not create a CPA-Client relationship.

18 October 2024 | 37 replies
They promise to walk you through two flips the first year, get into an LTR the second year, help set up all your systems, and give you access to their databases and network.

16 October 2024 | 6 replies
This can give you some tax saving that needs to be discussed with your CPA.