Grab some time on my calendar if you’re interested: Schedule a call here.

This account includes ESCROW IMPOUNDS being collected for the payments of taxes and insurance bills as their occur.

Is this only useful for W2 income?

Yes, I know bonus depreciation is 60% for 2024.My questions:1) Does this sound valid, or are there many more complicated steps for this to work?

There are several factors that lead to this, the primary driver is picking tenants who pay their bills.

Hello everyone,This is my first post on BP.

I figured there might be some benefit on interest rates for the 25% or 30% down. 

The property is under their name but I’m thinking of moving it to an LLC (they would still be primary owners of LLC)z  Any strategies anyone would recommend to do this without creating a taxable event?

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

I will be doing a pretty large renovation in one of the units, and mostly cosmetic reno in another unit, so i'm wondering what the best way to go about dealing with any potential lead issues in this case.