Quote from @Jonathan Camacho: @Jonathan Camacho: We focus on cash flow and tax write offs.

But more than anything, like I’m assuming is true for all of you, I’m drawn to the passive income and tax benefits real estate provides.

Income from business activity in an otherwise tax-exempt entity such as 401k will be subject to Unrelated Business Income Tax (or UBIT).

They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months.

Make sure you can get funded before handing over a no-refundable deposit.

For simple math, if I purchased a $100k property with 20% down and was able to get rent to cover the mortgage, interest, taxes, maintenance and property management (essentially zero cash flow)... held for 30yrs with no appreciation... then wouldn't I essentially hold $100k equity in the property in 30yrs on an initial investment of $20k?

I still charge the 250 non-refundable deposit.

But licensing,zoning,insuring, owning and operating one are a different story.This is what my initial plan is (This is all in theory) To enter a new buyer program to purchase our first home using both of our tax return dollars.

I ran into a situation specifically for my water bill that they were in charge of, however, they did not pay for their water bill for nearly a year and a half and I didn't notice and then almost got assessed onto my taxes for the following year.

@Sahil RohraYou're on the right track understanding real estate tax strategies.