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20 February 2025 | 11 replies
At a high LTV your leverage will be magnified.If your cash flow really is break even (I have my doubts) then with the magnification resulting from leverage, you could produce a fairly good return (ROI from leveraged appreciation, equity pay down, tax benefits).Good luck
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22 January 2025 | 12 replies
Your relo benefits will likely govern this decision more than other factors.
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8 February 2025 | 12 replies
If you are only using a license to represent yourself...there is zero benefit.
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4 February 2025 | 17 replies
The exterior is a bit sad - which worked to my benefit.
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4 February 2025 | 3 replies
BUT then, the tenant complained that they were paying for the credit boosting feature in RentRedi and would not be getting their credit-benefit if the other tenant didn't pay on time.
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3 February 2025 | 15 replies
You might not cash flow right away, but even just offsetting what you were paying in rent while building equity, getting tax benefits, and learning how to be a landlord is a game changer.
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18 February 2025 | 95 replies
Would either of you be willing to explain cost segregation and benefits of using it as an agent?
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20 January 2025 | 11 replies
Your property definitely has the potential to benefit from a cost segregation study.
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4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
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10 February 2025 | 11 replies
The benefits that come with them can be attractive for sure.