Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

Greetings BP community, I recently joined a national senior care living development team. I'm coming from smaller scale mixed use development and fundraising. I'm data driven and would love to immerse myself in IL, ...

The marketing copy and photo captions, professional photos, and weekly activity on the OTA listing, makes a big difference in bookings.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.

U have what we call in the wild a professional Tenant..

I do a meetup in Mesa on Saturday morning's which is a good place to come meet even more RE professionals and investors.You have the experience so now you just need the right strategy to grow the portfolio.

I’m looking to expand my network and connect with other investors, realtors, and real estate professionals—especially those who are growth and collaboration-oriented.

Readers should seek professional advice.

Leveraging a HELOC (home equity line of credit) could allow you to invest in multifamily without completely draining your savings.