These deductions can significantly reduce your taxable income and increase your net worth.

Quote from Account Closed: That's not true, I'm real and I'm serious, and that's how I feel about it. 

Hello everyone, I am in the learning and growth phase of my business and I I'm looking to network with some Great people to bounce ideas and come up with ways to help each other achieve success.

My goal has been to borrow money for the rehab, rent it out to generate income for the Trust's beneficiaries, and then do a cash-out refi to recoup my down payment and any other out-of-pocket expenses.I believe there are limitations in an Irrevocable Trust, which would prevent me from simply deeding the property to myself or possibly even to an LLC if I create one, even if the end result is in pursuit of my fiduciary duties to the beneficiaries, as Trustee (i.e. making the home inhabitable and generating rental income for the beneficiaries).

The equity portion will end up being the positive with the buy and hold method, so I’m looking for a way to be creative to get to a better income flow/better return.

It becomes easier & easier every year as my income increases. 

Even though it may require more work overall, it is incredible that a single investment can create enough income to retire.

It tells you how much interest you must include in your taxable income.

But you need a partner or accountability partner. 

I have become interested in signal family rental to supliment my income when retire in the next 10 yrs.