![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1066632/small_1694642743-avatar-arielk3.jpg?twic=v1/output=image&v=2)
5 February 2025 | 11 replies
They say the average amount of water per day a person uses is 80 to 100 gallons , Lets call it 60 to be conservative .
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2504159/small_1677457893-avatar-beccaf6.jpg?twic=v1/output=image&v=2)
12 January 2025 | 25 replies
BUT.... but, but, but, also how a person manages will impact this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2398621/small_1659107122-avatar-toddk112.jpg?twic=v1/output=image&v=2)
31 January 2025 | 9 replies
None of this has anything to do with your personal tax return.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155594/small_1734025643-avatar-ajits22.jpg?twic=v1/output=image&v=2)
6 January 2025 | 5 replies
From there, adding discipline will get you to where you want.Instead what you're doing is advertising you have money, no knowledge and are going to have the average BP RE agent(bottom of the barrel quality) come here to promote their services with no regard.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3058210/small_1719228142-avatar-johnf1030.jpg?twic=v1/output=image&v=2)
23 January 2025 | 23 replies
Quote from @John Friendas Quote from @Patrick Roberts: If you are on the note or personally guarantee the debt, then it will affect the liability side of DTI, regardless of whether the lender reports the loan on your personal credit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3177060/small_1738272325-avatar-helenal16.jpg?twic=v1/output=image&v=2)
31 January 2025 | 2 replies
The person I would seek advice from is a CPA about this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170492/small_1737042573-avatar-spencerjd87.jpg?twic=v1/output=image&v=2)
4 February 2025 | 0 replies
Personal money How did you add value to the deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2511974/small_1659494782-avatar-mikeb948.jpg?twic=v1/output=image&v=2)
14 January 2025 | 39 replies
I've know him personally for years, had the opportunity to consult with him on both sides of the business and have to say he's the real deal.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2913809/small_1704637200-avatar-renop1.jpg?twic=v1/output=image&v=2)
10 January 2025 | 15 replies
As you already know, the quality of the investor agent will speed up your learning curve, and save you money, time, and headaches.