Alternatively, I could explore loan recasting, where the lender recalculates my monthly payment based on the reduced principal, keeping the original loan term intact.

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

I’d love to exchange insights, explore deals, and help each other grow.Feel free to DM me or comment below.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

I'm currently exploring opportunities in real estate, particularly in accounting roles.

However, exploring out of state markets could offer stronger cash flow upfront, so it’s worth evaluating both paths.A piece of advice would be to focus on building your core 4  team: agent, lender, contractor, and property manager.

Structure and View ShotWhy it works: Highlights your property’s unique design and surrounding scenery.How to nail it: Pair a ground-level shot with a drone perspective.Example: This listing3.

Focus on neighborhoods near employers or schools, and explore slightly outside Austin for more affordable options. 

It’s all about finding the right lender with the experience in these types of unique deals.I sent you a message!

Spain is also another promising market we’ve been exploring, particularly for its growing tourism and rental opportunities.Currently, we’re also reaching out to US investors who might be interested in exploring these markets with us.