Combine with STR loophole to offset W-2 income.LLC: Offers legal protection, but no tax benefits unless you're flipping or managing rentals as a business.Family Tax Strategy: Hire your kids for real rental work, pay them tax-free (up to $13,850), and fund Roth IRAs or cover college costs.Real Estate Professional (REP): Difficult with a full-time job, but if your spouse qualifies, all rental losses can offset W-2 income.These strategies can unlock major tax savings when structured and documented correctly.This post does not create a CPA-Client relationship.

If you’re a W-2 earner with rental properties, there are definitely ways to unlock more tax savings.

That 10k unlocked a little more money, burn that up, stop, draw time. 

The tenant-buyers financed the purchase via there down, which I utilize to unlock financing on the purchase.

If you want to supercharge the speed you're moving at, I would look into the BRRRR method,  try it once, figure out how it works, is ok if you leave some money in the deal ( the other option is to buy it with 20% down) and after you have figured it out how it works, you're unlocking a whole new world of possibilities. 

With online access now I generally know what I want and what it is worth so I'm not really depending them on doing much other than unlocking the door, writing and presenting the offer.

@Samantha Storz Hey, I know this feels like a big decision, but moving into the 5-unit and renting out your current home actually unlocks some solid advantages.- You’d get to depreciate your old home (now a rental) plus the 4 rental units in the new property.

Most people are advising that I sell it to unlock the capital.  

Based on what you’ve laid out at the moment you essentially have three separate buckets and as structured they can’t offset one another (for example, #2 won’t unlock the losses from #1 to offset #3).

Unlock MLS reports that most homes sell in about 79 days, which is about 10 days more than 2023’s piping hot market.