Hello guys,
I keep hearing that as a real estate investor you get tax deduction, depreciation asser, and no one tax you on debt. Is this really true? As my research if income AGI over $150k you dont get to write off ...

Here's a breakdown for a rent-by-the-room investment property in Denver: - 6 beds/ 3 baths- Purchased in March 2024-Monthly Income: $5,300: Master: $1000; 2 large bedrooms upstairs $900; 2 bedrooms in basement: $850 and one small bedroom for $800-$300 Reserves-$3500 Mortgage Payment-avg $500 in utilities=$1000 in monthly cash flow! 

Focus on these core concepts:Projected hold timeProjected cash-on-cash returnsProjected profits at the sale Projected Hold Time: ~5 YearsProjected hold time, perhaps the easiest concept, is the number of years we would hold the asset before selling it.

It’s an awesome place, but from a cash flow perspective it is challenging to make them pencil.

@Billy Farley if you’re just looking for card recommendations I signed up for a cash rewards card with Wells Fargo and have been getting a good amount of cash back which I’m crediting towards my balance.

Purchase price: $170,000 Cash invested: $17,000 REHAB PROJECT UNDERWAY What made you interested in investing in this type of deal?

My goal is to maximize the cash flow .

I own and manage STR's in this area and I can't find another market to beat it when comparing cash-flow.

One reason I am looking back to my country (USA).Regarding finances - annual cash income, jointly with spouse, 200-250k.

I'm very torn between investing somewhere for the most cash flow vs investing somewhere I would enjoy visiting.