That being said, the ability to use depreciation from a cost seg study to offset W-2 income hinges on either you or your spouse qualifying as a real estate professional (REPS), which you mentioned.

I’m a licensed Professional Engineer in Texas, Nebraska, and Colorado.

The good news is that there are ways to avoid it altogether through proper planning, organization, and working with experienced professionals who understand both the tax, real estate, and financial sides.We always tell clients the same thing before they invest: see all sides of the picture.

It’s also key to work with professionals who can look at your whole financial picture, ensure your entity structure and setup make sense, guide you through the next steps, and show you how to keep your books well-organized with thorough documentation to back up everything.

Outside of my professional pursues, I enjoy weight lifting, traveling, and trying new foods.

Quote from @Andrew Gray: Hey BiggerPockets community,My name’s Andrew Gray, a former professional athlete turned real estate investor and mortgage agent.

They are not professionals on everything, so do not take their word as exact fact.

One is tech professional who works nights.

-Offered guaranteed rent and professional maintenance.

I'm looking in Carolinas, Texas, Florida, Yes, I actually just started working professionally with a turn key provider that has really impressed me.