Will they lose their ability to deduct bonus depreciation against their regular 9-5 income for all future years?

Here's the secret: Use a private lender for your down payment/closing costs, and a regular private lender for the debt.

I live in the Tahoe takes regular upkeep from the snow to the intense sun to wildfire risks. 

Regular sale, where you have to pay for pre-sale rehab, commission (5-6%), tax (20-30%), and recapture of depreciation.2.

Most of us who own RE came into it from somewhere else - either from working a regular job and squirreling away investment money into RE or working in a RE career and acquiring properties in the process. 5.

Now the rents have skyrocketed over the past year and we find we could be renting to a regular sized family for about $200 less than what we get now!

Do you perform regular preventative maintenance to avoid emergencies or are you more reactive?

But then, you have to inspect regularly and become the couch police.

Use the "extra" income to build a reserve for maintenance, vacancies, and other expenses that don't happen regularly.

Keep in mind the other homes on the market may all be over-priced at the moment, which is why it's important to watch the market regularly and build a strong sense of what it's doing.