All Forum Posts by: Austin S.

Interest is an expense and will be deducted in the year it is incurred. When the asset is placed in service only deals with depreciation. Please get help from an attorney, CPA or enrolled agent with all tax matters.

Good evening all! My name is Austin Samber. I am interested in bird dogging and wholesaling real estate at this point in my RE career. I'm interested in this for right now to try and replace my wife's current income to allow her to stay home with our kids. I have started with direct mailings and seem to have found plenty of buyers. Can't seem to find motivated sellers though. The deals on the MLS don't have enough equity it doesn't seem. I look forward to learning as much as fast as I can to fulfill this dream of mine!