Now that first year's returns would be at least $230k, but not all of it can be attributed to the 1000 hours you put in. 

Behavior on social media is not a protected attribute.  

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

@Calvin OzanickWhat do you attribute the exponential growth of the rental market to?

While it has many positive attributes, the Madison market is not favorable if you're looking for immediate cash flow in my experience

As a CPA, I’m aware of the implications of establishing your business incorrectly or the possibility of losing tax attributes due to oversight.I’ve done some cursory research but still need some real world guidance.

Here are a few examples of podcast topics that I attribute my growth to: podcasts about the stock market, startup companies, private equity, general business, general investing, sermons, history, personal finance, personal development, real estate and technology.

Construction delays result in lost income and greater construction loan interest expense.Experts attribute the slow rise in apartment vacancy rates to the labor shortage.

Also, there are other things regarding a gift transaction that need to be considered before pulling that trigger that could affect the long term tax attributes of the property.