Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

New real estate investor and new to the group. 

Would love to get some insights on this!

Watch this video for a complete insight on what this means to you as a landlord.

North of Highway 380, on Wilmeth Road, in between Custer Rd and Ridge Rd. ($2.3m for 9.3 approx acres)($1.1m for 4.5 approx acres)Best uses: Large estate with mother in law homeSmall development with 1/2 acre luxury homesTiny home communityOffice spaces made up of tiny home officesSmall retirement communityRestaurantsFlex warehouseCommercialThe property has approx 40' of Wilmeth Rd frontage.

Happy to be here and ready to learn from the community.

While there are definitely house hacks that have allowed owners to live for free and show positive cash flow the current interest rates and prices make those less common.

So far this seems like a great community.

Hello BP Family,I have a couple of issues that I need information on turning over a single-family home.

I have a BestEverConference ticket that I won't be able to use.