Even in those cases, it’s difficult to create a significant gap between the purchase price, rehab costs, and ARV (After Repair Value).Investing in today’s market is incredibly challenging, and I’ve found that the BRRRR strategy is one of the least effective approaches right now.Let’s keep in mind that BRRRR gained popularity before 2020.

ANDAt least 5% ownerYou might want to check out this thread with sample REPS Log / Activity tracker that meets IRS guidelines https://www.biggerpockets.com/forums/51/topics/816680-real-e... 

The LTR passive losses are reported on Schedule E and are not applicable to W2 income as I am not a real estate professional and earned above a certain threshold. 

Hey Andrea,  We purchase a single family 2 br on the west side 5 min from the airport and a popular hospital.

I wanted to share some key insights from Rentometer’s analysis of over 5 million rental searches in 2024. The findings are particularly interesting for those focused on the Columbus, Ohio market, which topped the list...

Thank you for your reply I will send you an e-mail

I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.

Quote from @Derrick E.: Really depends on what they are looking for as well as long term plans.

Quote from @Fareen E.: Quote from @Jaron Walling: Follow your lease.

https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?