Quote from @Denise Lang: Hello everyone,my wife and I want to start our real estate investing journey to boost our wealth and retirement fund.

Quote from @Travis Smith: Age 56 and retiring from farming and I’ve been very good at avoiding income taxes with depreciation and business expenses.  

Instead of wasting 20 hours a week on your phone or TV, work a part-time job to accelerate paying down the debt and saving. 

We love Duluth and the north shore and hope to "retire" there in the next handful of years.       

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provide support for the property tax appeals process.

Despite being assured that there would be significant tax savings on my 2023 taxes, there were no cost savings or advantages to having paid $5,000 for strategy in that tax year.

Level 3 is $20m in real estate so I can retire with a 5% return for $1m a year.

In the long run it would save you $. 

So should your facilitator.4) As a trustee, you can now write a check or wire money into any investment that follows retirement plan rules (no artwork, collectibles, alcohol, insurance, etc., and no disqualified parties).

I'd save yourself from the headaches and just buy it with a DSCR loan.