They anticipate rate reductions starting as early as the second quarter of this year, bringing the federal funds rate to 4%-4.25% by the end of 2024 and further down to 3.0%-3.5% by the end of 2025.While a decrease of 1.0%-1.25% may not seem significant, it's poised to catalyze a mini-boom in the CRE industry, particularly in the latter half of this year.

@Dave Hart There are no tax benefits to a LLC, unless investing with a non-spousal partner.The taxation of the LLC will just about be always a "pass-thru" entity. 

If he earns a 10% annual rate of return (compounded quarterly) in a portfolio created by a robo advisor, Investor A will need 22 years and seven months to become a millionaire.People gripe about negative cash flow but with this plan you probably can't touch it until 59 anyway.

Hey @Sun Casper, the choice between Schedule E and Schedule C can significantly impact the taxation of your income, particularly in scenarios involving rental properties or self-employment.

The Treasury Dept is floating 1 Trillion a quarter now in bonds, because we frickin' Told them to, and that huge supply drops price and raises rates, and every year its gettin' worse, and even my math tells me the rate of change is accelerating.

@Noah OgleYou mention your goal is to a billionaireWhat are the 3 things you must do this quarter and each quarter for the rest of the year on your journey?

I host a quarterly networking event in the Phoenix, AZ area that will go monthly later in the year.

However, if they continue to come back every few months or quarters I would find out what the tenant is doing and document via paper notice or texts. 

Plus, if I miss it one month it doesn't matter because I'll do it next month instead.To me, the purpose is to do it on a regular basis (eg, monthly, quarterly, or, at a minimum, annually - which is sounds like a ton of people do). 

Additional expenses include property management at $142/month, property tax at $1700/year, and other costs like insurance and maintenance.