I look forward to learning everything there is to gaining financial freedom and becoming an investor. 

It takes time and patience, but the long-term benefits are well worth it.I’ve personally gained invaluable knowledge, listings, and deals from friendships I’ve built over the years.The more people you engage with, the faster you’ll achieve your goals!

I’m here to connect with like-minded individuals, gain insights from others, and contribute value wherever I can in the real estate field.

Use depreciation on rental properties to reduce taxes further, and consider 1031 exchanges to defer capital gains taxes.

Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.

The bottom line is that there is a very small positive financial gain resulting from utilizing this method.  

By the time he covered eviction costs, lost rental income, and re-renovated after tenant turnovers, any potential gains were erased.Seven years later, his properties had appreciated to about $130,000 each—a 62% increase on paper.

The investor has to be gaining cash flow or equity to make it worth it.

Instead of spending years learning by trial and error, working with a coach or mentor can allow you to accelerate your learning curve, gain confidence, and achieve your goals faster.

The West and South posted more modest gains of 6.9% and 0.5%.