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16 August 2024 | 2 replies
As of 2024, the bonus depreciation is 60% (subject to change pending the passing of laws) which allows you to immediately depreciate 60% of the asset’s cost.1031 ExchangeA 1031 exchange is a tax-savings strategy that allows investors to postpone paying capital gains taxes upon the sale of an investment property by reinvesting the proceeds through the purchase of another property (i.e. a like-kind exchange).
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16 August 2024 | 5 replies
I would double my initial investment even after capital gains taxes.
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15 August 2024 | 8 replies
I'm eager to gain all the knowledge and insight I can from this platform and I am very excited to connect with like-minded investors.
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15 August 2024 | 13 replies
There are many people on here and other places like meetup that you can gain experience in flipping with little or no money for the education portion.
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15 August 2024 | 2 replies
I would appreciate being connected with any reliable nonprofit REIA or Meetup clubs in New York so I can gain knowledge in this area.
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15 August 2024 | 4 replies
I'm eager to learn from your experiences and gain insights into how to get started, pitfalls to avoid, and strategies for success.Specifically, I'm interested in hearing about:Getting Started: What steps did you take when starting out as a private lender?
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15 August 2024 | 6 replies
House hacking is one of the most popular strategies you can take and it can be a great way to build wealth and generate passive income, but it's important to have a long-term plan in place.
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14 August 2024 | 134 replies
It's not Passive, you have to act as the Banker.
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14 August 2024 | 11 replies
It’s not like buying a cell tower lease that just throws off cash passively.
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15 August 2024 | 0 replies
I wanted to share some insights I’ve gained while working with new construction duplexes in Indianapolis.