The returns may not be as high or the market doesn’t align with their goals.

Failure to do so may result in deductions from the security deposit.Landlord may deduct costs for replacing unreturned keys, garage door openers, security devices, or other components from the security deposit.

Great question — and it’s great that you’re thinking strategically about using real estate to offset W-2 income.To create paper losses through depreciation, it depends on several factors — especially the property type and how much of the purchase price can be allocated to depreciable components through a cost segregation study.

If everyone's interests are aligned, the sponsors and investors are in it together and should work from the same side of the table to solve the issue. 

.- If you're unsure about selling just yet, explore a cash-out refinance on the duplex to fund a couple local deals and hold the asset longer term.Selling the duplex could unlock significant momentum, especially if you’re relocating and want your portfolio to align with your new life.

These critical components are often overlooked amid the excitement of finding deals, but they are foundational to building a sustainable and successful investment portfolio.A sound tax strategy helps you take full advantage of available deductions, utilize the most beneficial tax structures, and ultimately retain more of your income.

There are a dozen and a half strategies, but its all about finding the one that aligns with your goals and passion.If you are interested in short-term rental investment space, I'd love to chat more and answer any questions you have.

Since you already have some foundational experience through your parents, you’re ahead of many first-timers.If BRRRR interests you but you’re concerned about the time commitment (rightfully so), you might consider a more turnkey route for your first couple of deals—ideally in markets where the property manager, lender, and contractor are all aligned.

Most of my clients just took the leap when the opportunity aligned with their goals and risk tolerance.

While it may be in ten years time that the roof needs to be replaced, the roofing component of the property is using 10% of it life every year and hence the true cost of this depreciation should be borne each year, not all at once in 10 years.