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2 November 2024 | 20 replies
Most people see some kind of cost of living raise, and by increasing slow and steady, the rent increases likely correspond well with the rate at which their income is rising.
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27 October 2024 | 8 replies
W-2, 1099, etc.) with passive income/loss from rentals is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Once you have clarity on whether or not you can offset non-passive income with rental losses you can then explore cost seg to accelerate depreciation (and some of the accelerated depreciation from cost seg will impact year 1)...
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30 October 2024 | 11 replies
Take it slow and steady, and you will be wealthier than all your friends by the time you turn 30.
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28 October 2024 | 0 replies
>San Jose’s growth slowed to 2.7%, with a possible rise to 4.5% by 2025.
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29 October 2024 | 5 replies
We clean a few Airbnbs near here on Clifton Ave and they stay rented Spring, Summer, and Fall then slow down in the winter.
30 October 2024 | 94 replies
Don't hesitate to go slow initially, learn from the first few deals, and pick up the pace once you've locked in your process.Good luck!
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26 October 2024 | 1 reply
For the past few years I’ve been periodically posting about complex, somewhat hard to implement, and time consuming strategies and tactics that I’ve used and can be used to “accelerate” wealth building in real estate.
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28 October 2024 | 34 replies
Now, when it comes to cost segregation, it accelerates depreciation, which means more of it is subject to recapture when you sell.
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9 November 2024 | 87 replies
When demand for that export slows, starts ending......
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24 October 2024 | 6 replies
The seller of the Avon house in this scenario acquires for $192,000 $240,000 equity in this property.Each step adds to the net worth of the seller with just the same sale of the same property, but using the different “market” prices for a property (all cash not financed , all cash financed, owner finance/subject to) to enhance their wealth and accelerate wealth accumulation.Let me know what you think?