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💡 How much income does it take to buy a home in your city? This new 2025 data visualization says it all. The median U.S. home price is $402,300, which means buyers now need to earn at least $108,486/year just to qualify—and that’s the national average. But the gap between cities is staggering: - 🏠 San Jose, CA: $501.8K income needed - 🏠 New York, NY: $202.2K - 🏠 San Francisco, CA: $338.4KVS - 🏠 Pittsburgh, PA: $64.1K - 🏠 Cleveland, OH: $63.6K - 🏠 Oklahoma City, OK: $73.1K Same country. Totally different buying power. 👉 If you’re a real estate investor, this is the data that should guide your acquisitions. 👉 If you’re a remote worker or entrepreneur, this is your permission slip to stop overpaying for a zip code. 👉 And if you’re just trying to buy your first home—location strategy matters more than ever. 📍Which of these cities surprised you the most? Let’s talk about what this means for buyers, investors, and policymakers. #RealEstate #HomeBuying #RemoteWork #InvestmentStrategy #ClosersKlub #HousingMarket #FinancialFreedom #AffordabilityCrisis #RealEstateInvesting #LocationMatters

📘 How a W-2 Employee Can Use Real Estate to Pay Off Old Tax Debt Here’s the situation: You’re a W-2 earner — working hard, taxes coming out of every paycheck. But you also own rental real estate, and the IRS says you owe thousands from a past year (like 2021). You might feel stuck. But here’s the good news: 👉 You could use a cost segregation study on your rental properties to generate a massive tax deduction — right now — and potentially get a big refund from your W-2 income. That refund can then be used to pay off your old IRS debt. 🔍 How It Works ✅ Step 1: Do a cost segregation study in the current year (2025)✅ Step 2: File Form 3115 to claim a “catch-up” depreciation deduction✅ Step 3: That deduction can offset your W-2 income (up to certain limits)✅ Step 4: Get a refund large enough to pay down your back taxes 💼 Key Rules to Know: 1. Passive Loss Limits: - Normally, W-2 earners can’t deduct rental losses against active income (like wages) unless they: 2. Real Estate Professional Status (REPS) - If she or her spouse qualifies as a REP, she can fully offset W-2 income with rental losses. 3. Section 481(a) Adjustment: - Cost seg + Form 3115 gives a one-time, front-loaded deduction in the year you apply it (e.g., 2025) for missed depreciation from previous years. 💰 Real-World Example: Let’s say you: - Earn $150K at your job - Own two rentals purchased in 2020 and 2022 - Never did cost segregation 👉 In 2025, you get a study done. 👉 You file Form 3115. 👉 You get $100K+ in catch-up depreciation. If you (or a spouse) qualify as a Real Estate Professional, that loss could generate a $25K–$30K+ refund from your W-2 income, which you can use to pay off your IRS bill from 2021. 📌 Bottom Line: Even if the IRS says you owe money from the past — your real estate investments could still be the solution. 🧠 With smart planning (and the right strategy), you can: ✔️ Lower your taxes✔️ Generate cash flow✔️ Pay down your IRS debt — without touching savings

✅ Where You’re From: Lynn, MA ✅ Experience level: New, started picking up the phones just three weeks ago. ✅ Favorite Exit strategy - haven’t done my first deal yet but looking at wholesaling first to get into buying and holding while at the learning about other strategies. ✅ What’s Been Holding You Back?: Inconsistency of during my workweeks.Some days can be longer than others and it’ll bleed into the time that I had scheduled for calls. That being said excited to be part of this community, to meet more of you in person, and level up by doing what we are learning!! Huge thanks to @Mario Zelaya for connecting with me and inviting to the meetups and the community!!