Quote from @Pierre Tran: Hi everyone, first ever post on BiggerPockets!

This is my first time posting to this group.

I feel like this post is missing a lot.

I'll update this post once I see how that goes!

@Julia Lyrberg First I want to thank you for taking the time out of your day to reply to my post, it means a lot!

Stuart - we do not identity check the people who are signing up to post to the forums.

The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

I can hardly believe an accountant would say such a thing unless there are pieces of the story that aren't in the post. 

There is a big difference in how those are handled  HAHA I just saw a post and commented where the person wanted to ask if they should overpay for a home because they can get is seller financing.