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31 January 2025 | 0 replies
For those of you who are starting out and want to learn more about real estate depreciation and cost segregation! Cost segregation can be a complicated topic, but I tried to make it simple and easy to understand!
Her...
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24 January 2025 | 35 replies
One more reason why people should stop looking for the easy path to building wealth.Increase earnings, reduce expenses, save, and invest.
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18 January 2025 | 21 replies
Tax-wise, profits are taxed at your ordinary income rate, and frequent flips may subject you to self-employment tax if classified as a dealer by the IRS.
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8 January 2025 | 14 replies
Has any BP member ever been saved by their LLC?
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31 January 2025 | 17 replies
If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.
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18 January 2025 | 18 replies
If you spend time learning how to manage well, your income will increase, you'll save time, and you'll maintain your sanity with the courage to expand.
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5 February 2025 | 0 replies
Was fortunate, due to savings throughout military deployments to appropriately save and fund two properties back to back.
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29 January 2025 | 25 replies
In 1-2 years you could save enough to purchase a home to house hack.
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19 January 2025 | 13 replies
I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.
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26 January 2025 | 16 replies
Overall, the tax benefits and appreciation alone keep me interested in staying with it more than the cash flow itself.