I'm exploring this as a potential investment and would love to hear from anyone with experience buying in JC.I'm looking for recommendations on good areas to invest in.

Consult a tax advisor to optimize the use of passive losses and explore potential benefits from selling stocks.This post does not create a CPA-Client relationship.

This would help us benchmark and explore simpler alternatives while understanding how complex the structure mentioned above truly is.I assume they are not actively managing their business?

Are you planning to continue investing in the Greensboro area, or are you exploring other markets too?

I'm kidding.

Having a cashflow breakeven property with a loss for tax purposes can have some tax benefits that you should consider exploring. ...

or ways to reduce our expenses on mortgage every month. we both make about $105k each yearly. but with us planning to have kids in the future, she may stop working.Any advise is appreciated THANK YOU!!!

The goal is to create cash flow, do some value add work, and be able to take advantage of the STR loophole to help with my W2 income (hence the self managing).I’ve been exploring towns like Beacon, Woodstock, Hudson, Newburgh, Lake Hopatcong, Highland Lakes, and others.

Competence - My best friend is awesome and I'd give him my kids if I got hit by a bus but I won't let him operate on my brain.

When I was a kid my dad hauled me around with him for years doing his RE sales calls and meetings with his RE attorney.