The magic of STRs is that any amount of tax losses generated by STRs, including of course losses from depreciation and cost segregation, can offset your other income, and you don't need to qualify for REPS. 

Excited to see where your journey takes you!

I recently began my journey as a Mortgage Loan Officer with loanDepot, where I help clients find the right financing solutions for home purchases, refinances, and investment properties.Before transitioning into mortgage lending, I spent years in institutional finance and trading, where I developed a strong foundation in markets, risk management, and client service.

Kindest Regards,Michael Hi Michael, yes, having a bad property manager can make or break your out-of-state investing journey.

Stuff like mobile design and SEO aren't magic.

Best of luck on your journey to securing your first property!

Hello everyone, I'm a freshly separated veteran looking to use my VA (Veterans Affairs) loan to begin my investment journey.

Magically, within less than 2 minutes of of my congratulations text I was notified that an escalation clause offer popped up to beat whatever I offered + X.

Hello BiggerPockets, I'm going to start a thread that details my investment journey with Doorvest (https://doorvest.com) .

@Briley Roe, hi.Briley, nice work on the momentum, but one flag: with 4 flips in 12 months, IRS will likely see you as a dealer, so that profit is usually ordinary income, not capital gains, so I’d confirm that $50K “capital gains” estimate with your CPA.Unfortunately there’s no magic loophole after the fact, paying off personal debt doesn’t reduce tax.