What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".

I've seen too many that prey on newbies and set them loose on the world, begging for "no money down" deals. 

find a strategy that is repeatable and duplicatable and gets your money back.

Hard Money loan How did you add value to the deal?

I can tell you that they are not where there are at today because their investors aren't making money on their deals. 

The math for investing was pretty obvious to everybody that it would be hard to lose money by buying a home for 50% to 70% of the rebuild cost.

You will want to fully understand the tax reporting burden you will face. 

Being able to purchase a property with only 5% down means you can leverage your money way more effectively.

You manually dial until you start making money. 

My last deal was my first off market deal and when I contacted the sellers wife about the deposits she said that that was a given as part of a multi family sale and they’d write me a check at the closing as I requested because money was tight and I didn’t want a credit where I’d have to come up with the funds out of pocket later.