Once you have REPS the distinction between passive income (or losses) and active income (W2) disappears and all those tax losses you have been banking can be applied to the W2.Good luck

I am looking for a way to log all the hours and activity spent on the properties. 1. 

Additionally, Irrevocable Trusts usually require that a 3rd party be the Trustee, which means that you will not have a primary role in decision-making as it relates to the Irrevocable Trust.

I have suspended Passive Activity loss that would reduce the gain, but not eliminate the gain from tax POV.

It is also my understanding that this would result in large tax returns (from depreciation offsetting my other active income) that I could use to continue to expand my portfolio. 

Are you still actively investing in the area?

Just curious whats going on out there- we are not active brokers so not up with current trends Thanks again !! 

I'm actively seeking to expand my network and build meaningful relationships with fellow investors and collaborators interested in growth and opportunity within real estate.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

Meaning its a full documentation loan and you will need active income to qualify and only can go up to 50% debt to income ratio.