Material participation with REPS is key for unlocking passive loss deductions and ensuring you get the full tax benefit of your real estate investments.

Even a “free” loan with low interest can be a loss if the property needs too much work.Owner financing is powerful if the deal is structured correctly.

But your property still is not a loss, yet. 

Really allows you to achieve FI a lot quicker than some more expensive cities if you combine it with living below your means and a high upside source of active income.I'm also a fan of getting into a job that relates to real estate investing.

(Luckily, your premium hasn’t gone up that much, so you were happy with that situation.)Then imagine that one morning you get a call (the property is on the other side of the country from you) that there was a fire, and the tenant claims that it was a wire in the attic that the FD found to have been chewed on by a rodent that caused a short and led to the insulation catching on fire… total loss, except exterior walls.You file a claim with your insurer.

So I reached out to him and he was glad to help.After some discussions, he offered that he is willing to do the renovation all on cost, and that me and him would determine the extra fee to him for his job.

My own projects started going dramatically better.Other investors noticed.They saw the difference in how my jobs were run and started asking the same question:“If your projects look like this now… can you just manage ours too?”

Which is double the loss of if you would have just rented it day one at $1,375.Just my thoughts, plus you can always raise rents after 6M or a year to match the market if it picks up. 

As with all the other investors with CALM INVESTMENTS was never compensated for any of my losses, which was every penny put in his Company.

HYSA is boring, but boring is what you want for money that has a job to do in 3–12 months.