I'm making a killing in the greater Seattle market. Up until I sold one of my houses in the area, I was making around 400K a year through appreciation, cash flow and principal pay down. About 60K was through the cash ...
I just finished their book and it makes a lot of sense, some good information there, but one major question I had throughout the book… The numbers that they give, for example seem ridiculously low ($80k to purchase a ...
Hi All - Trying to collect facts here (instead of ideas/opinions) from all the people who have achieved Financial Independence. I can believe some are lucky and capable of picking the right move right from the get go ...
I manage 150 units across 30 properties in Miami. I work for a single owner. We are projecting to pay taxes on $1,500,000 for this year and $2,400,000 next year. That about $500,000 in taxes this year and $800,000 nex...
Hi Everyone,From Jefferson Lilly's great podcast on mobile home investing (ep. 111), I know that mobile home parks have an accelerated depreciation schedule (relative to standard residential and commercial buildings) ...
Hello,I was searching the courthouse website and I came across several properties with foreclosure civil actions. Does this in fact count as preforeclosure? At what point of the foreclosure process is it no longer leg...
Hi all,What type of property do you feel is best for a cost segregation/accelerated depreciation strategy?I want to buy either a medium-sized multi-family building (6-8 units), or a portfolio of 10 single family renta...
I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties. These studies have enabled me to tak...
Dear All,I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will stil...
A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...