Three Generations, One LegacyI don’t usually get too sentimental online, but this photo hit me hard—my wife, my mom, and my 96-year-old grandma all in one shot.

- Do they meet with you proactively during the year—or just file your return at the endYou’re right—the short-term rental strategy (like Airbnb) can generate passive losses to offset W2 income.

Hi, i was considering getting propstream for lead generation and then using batch skip tracing to retrieve phone numbers. any recommendations?

I have some savy ways of finding leads - all self generated off market and through the internet/ data basses.

🧐So many companies nowadays are using self generated testimonials in an effort to boost  credibility. 

Has anyone worked with Generational Wealth MD?

Buying Existing HomesNew construction homes are often less ideal for rental properties when you still have a mortgage on them-mainly because:Appreciation potential is slower compared to homes that have already been rented.Rental yields might not be as high as older properties with similar square footage but lower purchase prices.Rent-to-price ratio may not generate enough cash flow unless the mortgage is paid off or nearly paid off.That being said, new homes are still great assets for long-term appreciation.

Without REP Status:Cost seg losses become passive losses.If you have little to no passive income (from rentals or other sources), those losses carry forward to future years.You can use them later when you sell a property or generate more passive income.2.

I heard that there are some online companies that would do it for around $1000 but I personally would never use something like that, only because I'm not sure if it will hold in case of an IRS audit.Cost seg. will definitely return the investment if you can use the losses generated from the accelerated depreciation to offset other income, i.e. you qualify for the Real Estate Professional Status or to offset the income generated from the other profitable properties.

I don't have a specific neighborhood in mind, but prefer safe and higher rental income generating neighborhoods.