Paying off rental mortgages increases monthly cash flow but reduces liquidity, while investing in hard money lending offers high returns but is taxed as ordinary income.Buying a multi-unit rental provides tax benefits like depreciation, while purchasing a business can yield strong profits but requires active management.

Purchase price: $715,000 Cash invested: $297,000 Current Listed Price: $830,000Original Listed Price: $950,000 (4/13/2024)It has been reduced $120,000 in the las 6 months and hasn’t sold.

Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes. 

Renting at FMV allows you to deduct mortgage interest, property taxes, repairs, HOA fees, and depreciation against your W-2 income, potentially reducing your overall tax liability.

DO NOT INVEST INTO PROPERTY EXEPECTING EVERYTHING TO GO SWELL OR EXPECTING YOUR JOURNEY TO GO THE EXACT SAME AS SOMEONE ELSES AND THEN TAKE NO RESPONSIBILITY.

This would help reduce the amount needed for a bridge loan to fund the acquisition and renovate the four vacant units.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

Especially as it relates to being able to rollover IRAs and old 401k money into a Solo401k.Self employment allows you to contribute large amounts to Solo401k to reduce FICA taxes.

In construction, there is only so much you can do to reduce your margins while staying profitable.