Jay Olive

@c_alexander19 That’s what’s up! Keep it going!!

@HardMoney_VP This is my 9th investment in this zip code and my 3rd on this exact street. I have a very strong understanding of the ROI within this area. It’s tried and true. I appreciate the well wishes!

My latest renovation in New Orleans. I’m bringing The East back and keeping it black owned one investment at a time!🏡

@DallasAptGP As usual, excellent post.

We just handed our investors a $4.3M tax loss on a new construction apartment building in Dallas. That's 53% of the amount they originally invested. The 2025 return is filed. Here's the exact math. Total cost was $19.8M, Investors put in $8.2M, a bank lent us the other $11.6M We built it in the Cedars, just south of downtown. Here's how the loss works. The IRS lets you depreciate an apartment building over 27.5 years. Slow and steady. A cost segregation study speeds it up. An engineer walks the property and breaks it into parts: cabinets, lighting, flooring, appliances, landscaping, parking. Each part has its own shorter life. On this building, the study pulled $4.3M of the $13M depreciable basis into 5-year and 15-year buckets. Then the new tax law did the rest. Under the One Big Beautiful Bill Act, Congress brought back 100% bonus depreciation. So instead of spreading those shorter-lived parts over five and fifteen years, we wrote all of it off at once. $4.3M of deductions available as soon as we placed the building into service It's not a loophole. It's the tax code working as written to get housing built. Now, who can use a loss like this? Rental real estate losses are passive. A passive investor can only use them against passive income—the kind that comes from other rentals or syndications. They can't wipe out a salary. Two groups put these losses to work: --> The investor with passive income from other deals, who uses this loss to shelter it. --> The high earner who qualifies as a Real Estate Professional, who can take passive losses against active income. At a 37% rate, a $4.3M loss is about $1.6M of tax that doesn't get paid this year. One more piece makes those losses usable at all. Our construction loan is qualified nonrecourse debt. That means investors add their share of it to their tax basis, not just the cash they put in. With $11.6M of debt behind $8.2M of equity, there's room to absorb the full loss. A paper loss you can't use is worthless. This one, they can use. Some haters will read to this point and say, "BUT WHAT ABOUT DEPRECIATION RECAPTURE!?!" When you sell a building, the IRS wants those deductions back. They call it depreciation recapture, and it takes a real bite out of the gain. The IRS adds up all the losses you've taken over the hold period and taxes them at 25%. Investors can avoid recapture in two ways: A 1031 exchange defers the tax. You roll the proceeds into another property and keep the clock running. Or you build using the Opportunity Zone tax structure. This asset, The Marcus, sits in an OZ census tract, and our investors all came in with capital gains. Hold the investment for ten years and you pay no tax on the appreciation and no recapture on the depreciation. The $4.3M loss against this year's income will be tax free. The appreciation on this $19.8M building will also be tax free. Most tax strategy pushes the bill into the future. Opportunity Zones get rid of it.

@Ruffinonjoeshow Pound for pound the most impactful defensive player I’ve ever seen on a college football field.

It’s a shame kids today didn’t get to watch the Honey Badger at LSU

@RationalManTX I still have a couple. Never throwing them away.

DFW had mapsco. It was brilliant because the area was growing so fast you really needed the new book each year.

@BarbellFi Wait….what?

The 30 year treasury yield is now 5.1% Convincing my wife to sell our house We’d net $800k after closing Dump all that into 30 year bonds Collect $40k/year for 30 years Use that money to pay rent Never deal with the lawn or a leaky roof And get my $800k back in 30 years 😳

@BoomerDivvies The wife. Always.

Should the wife drive the nicer car or should the husband drive the nicer car?

@ABC 🎶 Just the good ole boys - never meaning no harm - beats all you never saw been in trouble with the law since the day they were born…🎶

Footage released by authorities in Wisconsin shows a suspect's car go flying over another vehicle as they attempted to flee. The suspect, who is being held on multiple charges, was eventually arrested after a short foot chase, officials said. abcnews.link/RmGHld5

@RobertaFresque2 Only at Katz

Who likes Reuben sandwiches yay or nay???🤔

@Maddu_550 27

“90% of people will fail the simple math test are you the 1%??

@ohhanxiety Earrings

Wait a second 🤔 I still can't find the difference

@TotalProSports No one

@SpencerHakimian Dayum 🫣

How much fucking Botox?

@SpencerHakimian Who’s Lydia?

Elon learned this move from Lydia Soprano:

@james_xond Hell yeah

Trying to prove a point. Have you ever worked 55+ hours a week?

@DavidMora 4

How many streetcars do you see? 🚃🚃🚃🚃

@realEstateTrent But the basis!

Building a real estate empire? Your grandkids are going to cash out the very first chance they get.

@WWLAMFM He’s right.

Ed Orgeron: "I think that stigma is always going to stay with them, just like other schools have a stigma, but that is definitely there at Ole Miss." audacy.com/wwl/local-spor…

@righttimebomani IDK if he was being genuine about the recruiting impact, but I know he heard it. It’s pervasive. My fam is from the sip and they told me the same thing Lane says he hears from parents and grandparents. Is it fair? Prob not. Every southern school from that era is just as guilty.

"I asked every single member of the Chambliss family if they had any concern about sending their son to play at the University of Mississippi, specifically with the Mississippi part. It was a 'no' all the way across the board." Bomani on what he learned profiling Trinidad Chambliss.

@onlydubsX My dude

Chad Ochocinco says he saved over 80% of his fortune by not trying to impress people, adding he buys fake jewelry, drives the same car since 2006, and flies economy instead of private 👀🤔 "Everybody is caught up in image." "Why buy a $50,000 watch when time is free?"