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23 February 2025 | 14 replies
I think the best thing to do would be to find a good-hearted person with a lot of experience and pick their brain.
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21 February 2025 | 7 replies
I personally make well over $100k/yr cash flow from 21 buy-and-hold properties here.
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24 February 2025 | 5 replies
Foreclosures force the owner to sell because missed payments, probate forces heirs to sell a family members home, liens ultimately force a person to sell there homes to pay what they owe in tax/fines etc.
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7 February 2025 | 7 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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22 February 2025 | 7 replies
Interesting, I bet she is a unique person.
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21 February 2025 | 1 reply
Buying as a vacation rental could potentially qualify for a lower interest rate, but you’ll likely need to provide proof of personal use (even if minimal).
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27 January 2025 | 0 replies
The Midwest and Northeast saw the biggest year-over-year growth in new-home sales, with jumps of 40.3% and 25.9%, respectively.
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22 February 2025 | 2 replies
RE investing has been something I wanted to do personally.
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23 January 2025 | 23 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.