Good afternoon all.  I'm a newbie in process of searching for my 1st investment property in Toledo, OH with my realestate agent.  I am an out of state investor so I will need to hire a great property management agency...

Readers are advised to seek professional advice.

It’s a small move that can add up over time and set you up for future success.Also, as you get more comfortable, take time to understand Real Estate Professional Status (REPS), Short-Term Rental (STR), and Active Participation rules.

If you need referrals for any such professionals in San Diego, let me know.

Not all of your hours will count toward Real Estate Professional status.

Readers are advised to seek professional advice.

Readers should seek professional advice.

So they’re treated the same as traditional long-term rentals for tax purposes.That means: yes, you can do a cost seg and claim bonus depreciation, but it’ll generally only offset passive income (your rental profits), unless you’re a real estate professional for tax purposes.4.

Readers are advised to seek professional advice.

Readers are advised to seek professional advice.