Also, after a year, the mortgage hasn't been paid down by much, especially if it's a 30 year mortgage.The only challenge you may run into is if you purchased it using a low or no money down mortgage option like FHA or VA lending.

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

Not too bad when the inventory is low, the number of sales is low (like a 30 year low), interest rates are high and prices are high. 

Low entry costs How did you find this deal and how did you negotiate it?

Lets say your accountant tries to write off as much as is legally possible when it comes to lowing your taxible income so that your tax burden is less and you pay less taxes.

✅ Pros: Lower costs, better cash flow, diversification, scalability⚠ Cons: Harder management, reliance on local teams, financing challengesTips:Visit the market first and build a trusted team (agent, PM, contractor).Choose landlord-friendly states with strong rental demand.Consider a low-maintenance property for your first deal.If staying local, you gain hands-on experience, but out-of-state investing can work with proper due diligence.2.

If you want to buy your first property ASAP, house hacking (duplex, triplex, or renting extra rooms) is one of the best ways to start with a low down payment while learning property management.

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.

They used lasers to find the low spots and used "push piers" to lift those areas.