I do plan on growing the RE portfolio and want to make sure the next moves are savvy.We have decent 401ks, and limited liquid funds in savings...Thank you for your timeNo, you don't!

If you flip or wholetail, your profit is taxed as ordinary income, so you’ll pay higher rates and possibly self-employment tax.If you hold and rent, you’ll get depreciation, interest, and expense deductions that can offset rental income and lower your overall tax bill.

I want to build something that I can once day show, teach and pass on to my young son when he grows up.

Though third among Texas cities on the list, Austin remains one of the country’s fastest-growing metros and a major destination for startups and workforce talent.

But it does sound like there are good opportunities near those military bases, so keep an eye on those as you grow your funds and figure out what you want to do.As you get deeper into real estate, always keep the tax strategy in mind.

If yes, how many properties do you have and are you still growing or is current market too unfavorable?

But what we don’t always see are the hard parts: the work, the mistakes, the learning curves, and the growing pains that come with starting and running any business.I’m realizing that the success stories are inspiring, but the challenges behind them are just as important.

My plan is to begin in the markets I understand most, "Staten Island," and gradually expand my range as I grow. 

👋 Hello BiggerPockets Community!
My name is Jose Rodriguez, and I’m excited to join this incredible network of real estate professionals, investors, and entrepreneurs. I recently began my journey as a Mortgage Loan O...

I’ve been studying both active and passive investing for years, and now that I have real capital to deploy, I’m focused on finding the right paths to diversify, grow wealth responsibly, and protect it long-term.I’m not risk-averse, but I’ll admit I’m a bit overwhelmed by the number of niches, strategies, and opportunities out there.