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14 February 2024 | 16 replies
Specifically discuss with your CPA the ability to deduct depreciation expense over time, allowing you to deduct a portion of the property's purchase price as a non-cash expense, meaning you can lower your taxable income and potentially lower your tax liability.In other words, you can reduce your taxes by writing off expenses from your total taxable income.
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14 February 2024 | 19 replies
Could be a similar story in Sac potentially.
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13 February 2024 | 6 replies
Invaluable to hear different views early on to get a better understanding of the market.I am currently considering 2 approaches, potentially in parallel with a smaller 100% STR to learn the ins and outs of the market on a more professional setting.
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13 February 2024 | 2 replies
After owning 2 properties, I've decided to dip my toes into the world of real estate investing, and potentially for wealth creation and financial stability.
13 February 2024 | 3 replies
Whether you're a seasoned pro or just starting out, I believe there's so much we can learn from each other and potentially collaborate on exciting projects.
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13 February 2024 | 4 replies
Hello, I am going to be pitching to a potential investor/family member on a partnership for my first duplex house hack.
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13 February 2024 | 0 replies
The first impression is everything, and for rental complexes, the exterior is often the first interaction potential tenants have with your property.
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14 February 2024 | 7 replies
I would categorize it as more as both political parties doing some potentially unwise things in respond to COVID and election cycles.
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13 February 2024 | 10 replies
I am irrationally terrified of not performing on a deal, so I have always checked in with a few potential loan sources to make sure I could qualify for the loan before making any offers.
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13 February 2024 | 5 replies
This is likely going to mean a distressed property meaning a larger rehab and potentially a forced appreciation of an additional bedroom adding an additional story, finishing the basement whatever that might be, but finding that potential is where your delta or margin is going to be between the cash invested and ARV is where the "low risk" is built in for my and my way of thinking.Additionally if you want low risk on the vacancy side of the equation leaning towards multiple units to spread that risk out is always a good play as well.I also think "variety of exit" or flexibility in an exit is another major component to "low risk".