If you or your spouse qualify for Real Estate Professional Status, those losses can offset other earned income, creating major tax savings.

Check your emails for more information.They used the following example:Today if you set your price at $100 USD, you earn $97 and your guests pay about $115.

Are there usually general industry clauses signed such that "if leasing takes more than 30 days then reduce fees to 0.5 months"? 

Therefore, we report income that we earned during the year, which includes wages earned from January to December.We would also include the roth conversion that is done during the year.It depends on how much of a conversion you do, how much other income you have, what state you live in, your filing status, etcBest of luck

Quote from @Karinne Ovalles: Hi BiggerPockets community,I'm looking into a real estate deal that needs to be paid for with cash, and I could really use some help finding a private investor or lender who might be interested in funding this kind of purchase.I'd appreciate any advice on:- How to approach a private investor about financing a cash deal- Ways to make the deal attractive to someone providing cash- How to reduce risks for both the investor and myself- Recommendations for lenders or investors who commonly work with cash deals for rehab or investment propertiesI'm happy to discuss more details privately with anyone serious about funding opportunities.

I will also have a VA loan from the air national guard and tri-care for extremely reduced price health care.With this I have the chance to save lots of money, house hack every year with the VA loan and invest with my signing bonus.My biggest question would be what to do with the signing bonus.

Deduct mortgage interest, property taxes, and insurance, reducing the overall taxable income from your rental income.Also, your ability to rehab and rent out the other units adds value to the property, potentially increasing its long-term appreciation.

Which wouldn't address the convenience factor, but I do want to provide a reputable living situation to reduce tenant turnover and increase referral rates.

However I get absolutely killed on a tax basis having long term rentals and earning a good W2 income. 

This can lead to your link being blocked, and potentially to penalties like reduced visibility or account suspension.Alternatively, consider StayFi.