See disclaimer about various headaches above.4) One day in the future, do the reverse to put them back together.The above structure would generally be income tax free given the distribution or contribution of property from a partnership is typically not a taxable event. 

It looks like the Tax Relief for American Families and Workers Act of 2024 is going to pass soon.

@Casey RalstonStessa is free with a BP Pro subscription. 

My rough strategy is buy SFH (older but (semi) recently remodeled B- to A- properties in good areas likely to continue appreciating and attracting good, trouble-free tenants) 0% down VA (may consider a small amount on second property, like up to 3% just to speed things along) and stay in it as my own primary residence until at least 10% of purchase price paid off and able to cashflow 300+/ month after mortgage, taxes, insurance and 15% set aside for repairs, vacancy, and maintenance (like I said, I'm not overly interested in rental RE, so I want to be sure it's lower effort and worth my time in return).

Why do you think the vast majority of Americans have w2 jobs? 

Feel free to send me a DM with the additional details on the deal or you can submit them through our website at www.hostfinancial.com

Americans Working Abroad and Income Declaration:- Additionally, I'm wondering about the scenario where an individual is an American citizen working abroad and did not fully declare all of their income or any income at all, how might this impact their eligibility for an FHA loan?

OTA’s are a great “free” lead funnel into your property, and you can always steer them to the direct booking route once you have them booked for a stay!

This property isn’t going to cash flow even if you skimp on PM and do it yourself for free.

I also offered to work free for various tradesmen under the condition that they'd show me their tricks of the trade.