
11 October 2024 | 14 replies
I'm currently 23 and have access to around 40k liquid to buy a home when my lease is up in March of 2025.

15 October 2024 | 4 replies
I still wanted to pursue a HELOC in case any opportunities came up in the future.

16 October 2024 | 1 reply
Many people mistakenly think that bonus depreciation only applies to new properties or recent acquisitions, but you can indeed retroactively apply it to properties placed in service after September 27, 2017, thanks to the Tax Cuts and Jobs Act.The IRS allows you to catch up on missed depreciation without amending prior returns by filing Form 3115 (Application for Change in Accounting Method).

16 October 2024 | 1 reply
Whether I talk to them or not, I document with a written warning and give them X days to clean up and pass another inspection.

12 October 2024 | 0 replies
We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract._________________________________________________________________________________________________________________________________________10/12/2024.

11 October 2024 | 17 replies
My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

13 October 2024 | 54 replies
...in its simplest form, you just divvy up the water bill 10 ways....watch water usage drop.

15 October 2024 | 2 replies
A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.

16 October 2024 | 0 replies
However, this must be paired with a dedicated and robust negative keyword strategy to prevent your ads from appearing for keywords that ARE NOT RELEVANT to your investing business.For the sake of this example have a look at this attached picture below:In this picture you can see that this ad shows up on the keyword “House for sale near me…” which is not something a seller would search for (not to mention a distressed seller).

17 October 2024 | 12 replies
This is by design because I realized I was very far behind on my retirement savings and had to take drastic measures or I was going to end up working until I die.