Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

The problem is that your debt payments are going to basically wipe out that $400K profit unless there is room to increase revenue or reduce expenses.

Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

, reducing your housing costs.Potentially higher cash flow.Cons:More intensive management (two tenants, two leases).Can be harder to finance than single-family homes.May not appreciate as quickly in some markets.Here's where I need YOUR input!

Purchase price: $715,000 Cash invested: $297,000 Current Price: $830,000 (originally $950,000 on 4/13/2024, reduced by $120,000 in 6 months).

Use your HELOC to purchase the duplex outright for $118K.Your brother’s $50K down payment can immediately go toward reducing your HELOC balance, leaving a remaining balance of $68K.Create a formal lease-to-own agreement with your brother.

Originally posted by @David Dachtera:@Eric Jones*THAT* is what mortgage acceleration is all about: Reducing the total interest paid while reducing the number of payments. 

HelloDoes anyone know of a company that skip traces LLCs or Trusts at bulk?

I always make sure that the properties are cash flow positive, but the large bulk of the money I make from them is from the other items (appreciation, debt paydown, tax benefits, etc).