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20 February 2025 | 5 replies
This fits my plan for a couple of reasons, I plan to rent one unit long team and as I travel a fair bit for work I'll Airbnb the second unit when I'm overseas.
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11 February 2025 | 12 replies
Don't follow a strategy only to save on taxes.
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14 February 2025 | 12 replies
If you plan to hold longer than 5 years, I'd reccomend you wait it out.
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14 February 2025 | 1 reply
I was able to secure $27k from them and $8k from our savings and the deal went through!
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17 February 2025 | 6 replies
Doing the math for maintenance savings: $200.00 month, Cashflow: $308.93.
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16 January 2025 | 6 replies
Speak with a lender now to understand your options and start building a plan.
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20 February 2025 | 8 replies
This can be helpful if you expect your property to become profitable soon.Save It for Later: If you don’t use it this year, you can save the depreciation for future years when you have more rental income.
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10 February 2025 | 3 replies
I would be planning to do some things before actually making an investment.
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16 February 2025 | 7 replies
You could save here by managing it yourself if you can.
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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.