Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.

Unlike some buyers, I ALWAYS go look at the properties before the sale and discovered that the vacant lot had an active railroad track on it and therefore was unbuildable, and would remain unbuildable until the railroad removed their track. 

Though if an individual were paying for her or himself, I’d say go with the home-study version for a fraction of the costs of the live seminar….

Study the market.

Study the market.

You are free to set your terms and connect YOUR client to the private lender that you think will work best for your client.I think the skills taught and the resources provided in this course are worth the $500.Having said all that, as I stated before, at the end of the four weeks I discovered that I would not be able to apply this to my particular niche. 

As soon as one violation is discovered, send a Notice To Quit advising them to stop/cure within your state's time mandate (mine is 3 days) or vacate the property.  

Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.Here's their message:"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental Study.

I hired my own expert and discovered these issues did not exist but that the expert the 3 buyers had brought in wanted to be hired to do the work so they blew them out of proportion.

Hi Amir, when studying different neighborhoods in my market I like to use quantmaps.