My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.

Neither situation leads the investor any closer to wealth accumulation, except in rare circumstances of inflationary price increases, and onLy IF he has the ability to subsidize short term loses.   

In many QB versions, for Depreciation, you can just make a sub-account for Building (called Accumulated Depreciation) and an expense account called "Depreciation".

The key reason I first look for cashflow potential to qualify my properties is because I'm buying levered and plan on continuing to do so as long as the money stays cheap and / or until I can accumulate enough capital paired with equity to make some all cash moves, if ever.

As with any investment decision, caution and diligence are paramount, but ruling out syndication entirely may mean missing out on valuable opportunities for portfolio diversification and wealth accumulation in the real estate market.

Professionals in the field undergo initial and ongoing training, regularly attend IRS seminars to stay current, and accumulate a wealth of nuanced knowledge through decades of daily practice.

Are we as home owner’s responsible for tenant charges accumulated during move out?

Even when investing remotely, these investment techniques might be useful for gradually accumulating a real estate portfolio:Take into account buying readymade properties.

If any of these make sense for your family, then you should link up with a real estate focused tax professional, to ensure when you do buy a deal we can wipe out that tax burden and make your wealth accumulation journey go faster. 

In contrast, renting could lead to greater long-term wealth accumulation but requires managing landlord responsibilities.In conclusion, the choice between renting and selling in 2024 involves a comprehensive analysis of financial implications, market conditions, and personal goals.