I'd love to hear from anyone in the Airbnb business especially those investing in smaller Cabins in outdoorsy places.

Others 15 yrs, etc.So we depreciate a portion of the asset costs faster.We do the study and get dollar amounts assigned to different parts and different schedules to front-load depreciation.Now you can get 5 or 6% of the value as a deduction in the early years...But wait... there's more.Bonus depreciation allows you to deduct a certain percentage of cost in the first year an asset is put into service.Anything that is on a schedule of 15 years or less...So the doors, sidewalks, HVAC, walls, latches, curbs, security, gates, etcA % of this stuff goes in Yr 1.For years 2015 through 2017, first-year bonus depreciation for these items was set at 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019, 0% in 2020.But then the Tax Cuts and Jobs act moved this percentage to 100% from 2017 to 2022 and 80% in 2023 and 60% in 2024.Its not uncommon to allocate 30% of an asset cost to items that can be depreciated on a 15 year or faster time frame.So now 60% of that 30% of your asset's cost can be depreciated in the first year, excluding land.Pretty great.This is how real estate owners, investors, and operators make millions and pay very little in taxes compared to W2 employees.They pay even less and can offset other types of income if they are an RE Pro.

Hello everyone, My name is Gabriel Camacho (26) - Currently reside in CT .

Being able to do your own renovations and improvements will give you a serious advantage when house hacking or even working on your own projects.Akron has some solid real estate opportunities, especially for house hacking in multi-family homes.

My name is Daniel , Im Hungarian  professional soccer player right now I play in Greece , I listen a lot of Bigger Pockets and Im really intrigued to have my first deal in a Dallas - Fort Worth area.

I haven't bought a 2-4 unit with the VA loan yet (been living in expensive markets lately) but I will as soon as I exit the military in the next couple of years!

I would also like if they made the prospects fill in certain fields.

Thanks in advance!

Quote from @Haim Assaraf: Hi guys,I manage a multi-family building in Baltimore, Md.

I bought a 5 acre property through the tax sale in June and finally getting title work finished.