Is anyone familiar with the rules in Jacksonville?

SEC is still finalizing the rules.

well. lower tax's generally helps RE and business as a whole. will have to see if they come up with something specific like the cost seg rules that are redy to sunset.

There is a reason that most states (including Connecticut) require property managers to be licensed, one of which is that they are required to have basic education on the rules and laws governing the practice.

Hi John - Under the passive activity loss (PAL) rules, you can deduct rental losses against passive income. 

I blame the politicians that create rules that allow this.   

Thank you.The general rule I go by, after flipping a ton of houses, is that I regret selling them now.If you buy them right (we’re an exception, as we buy at 7 to 15 cents on the dollar) and rehab them properly, you’ll get a ridiculous profit by keeping them, using strategies like the BRRRR method.Honestly, it doesn’t make much sense to sell them right away if you bought them right.

Now most of these I am keeping as rentals as they exceed the 2% YES 2% Rule, 75k rent 1700, 90k rent 2k, all in 230k (7 unit) rent 55k.Good luck to you 

State, County, City rules and regs every one is different.

County, but are you within the 1 or 2 mile radius of the city and have to follow their rules?