Yes, this strategy is an attempt to lower my wife’s taxable income.

I used to sell these policies and the first policies I sold were to my wife and myself.  

No joke my wife and I have purchase businesses from properties we own becuase they have so much equity.   

I can’t find anyone who will do a second on the rental anyway, I have found a HELOC — I was debating at least shifting the construction loan over to the rental, but at 5% that still seems like a wash.I’m open to doing another rental property, I just don’t know if I’m stuck because of how low the rental mortgage rate is, and with how much it cash flows — I may not be able to improve much on that situation.My wife and I both work full time, and I have a part time second job to make it all work.  

See if me and my wife can get a game plan. 

My wife won’t let me use our own $ to buy houses so I I’m forced to use OPM to scale up.

My wife and I are looking at buying a property that we can live in and fix up (cosmetically) and then either rent it out as a standard SFH or as a short term rental. 

But the truth is, I won't ride it enough to justify the cost, my wife can't/won't ride with me, the maintenance, storage, etc.I also know that "stuff" brings stress.

Hello everyone, my wife and I are about 5 weeks into our 10 week gut renovation of our first deal.

Good afternoon, Bigger Pockets, my name is Taben Tucker i served in the army for four years i have a wife and two kids and i currently live in northern Virginia.