Section 179 deductions may apply to assets directly supporting your business, excluding personal-use components.This post does not create a CPA-Client relationship.

The idea is that you this is someone you have an agreement long term relationship with business or otherwise.

There's some excellent relevant & recent material from very high quality individuals on this forum.

Excellent realtor who also manages rentals here.

., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

Hi Meir,Birmingham is an excellent place to invest.

What I wrote above does not create an attorney/client relationship between us.

If you don't have the funds yourself, you need to develop a solid relationship with those that do.

I’ve heard a lot about BRRRR, fix-and-flip, and rental properties, but I’m curious about what’s working for you all right now.I know from talking to people that some have gotten into bad deals while using their own money, and I’m worried that using bank funding and ending up in a bad deal could make things even worse—not just for the investment but for the relationship with the bank as well.I’m just trying to make sure my clients use this funding in the right way, without getting themselves into a tough spot.