Of course I don't know what you have, but typically what I see is probably better to sell it and maybe buy two in Someplace like Sherman if your resources allow that.

@Raphael RamosLending to someone is interest income just like interest income in your checking or savings account - it’s typically taxed at ordinary income ratesI am not sure I understand the question if it’s deductible?

Investment Info:Single-family residence buy & hold investment.

Hi Amit I intentionally chose to ignore vendors that were not transparent with their pricing, since those typically fall into enterprise grade solutions that were outside of the scope of this analysis.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Quote from @Sarah Anthony: Hi,My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network.

It's absolutely worth taking a deeper dive.I've been investing in Detroit proper since 2019 and have 12-doors there.

Finally getting my profile up and running after investing in RE since 2016 and leaving my W2 in 2024.  

Today, there are about 1.5 months of inventory for our target property segment.There is a typical seasonal increase in inventory, but it remains a strong seller's market.

Section 179 of the Internal Revenue Code allows businesses to deduct the full purchase price of qualifying equipment and software up to an annual limit.In 2024, for example, taxpayers can expense up to $1,220,000 of qualified assets.This election can apply to many types of tangible personal property, such as machinery, equipment, and off-the-shelf software, which are used predominantly in your business.Limits on Section 179 ExpensingAs attractive as Section 179 may seem, there are limits.For tax year 2024, the maximum investment limit is set at $3,050,000.If your business places more than this amount in service, the amount you can expense is reduced dollar-for-dollar over this threshold.In addition to the dollar and investment limits, the amount of your Section 179 deduction cannot exceed your taxable business income for the year.This means that even if your business invests heavily in qualified property, the deduction could be limited by the business’s profitability.Also, not all property qualifies for Section 179.Real property, like buildings and structural components, generally does not qualify unless it is "qualified improvement property."