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Updated about 5 years ago on . Most recent reply

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9
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5
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Aaron Kyle Kinslow
  • Rental Property Investor
  • Nashville, TN
5
Votes |
9
Posts

First real estate investment

Aaron Kyle Kinslow
  • Rental Property Investor
  • Nashville, TN
Posted

My wife and I are looking to purchase our first investment property in 2021. We’ve been pondering the idea for quite some time. We’re both very busy with our regular jobs and that being said we’d like to find a turn-key property for rental to keep it as passive as possible. We’ve been set on single family homes. However, the more I learn about syndication deals I am intrigued by the concept and wonder if that may be easier to get started with. What are some of your stories? How did you all get started with your first investment?

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2,081
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1,609
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Daniel Hyman
  • CPA
  • Milwaukee, WI
1,609
Votes |
2,081
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Daniel Hyman
  • CPA
  • Milwaukee, WI
Replied

I'm a CPA and therefore think in terms of taxes. For higher W-2 earners, syndications offer some of the best tax benefits out there, particular when you couple appreciating assets with cost segregation.

  • Daniel Hyman
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