Quote from @Armani Diaz: Hello, I just purchased a rental property duplex through wholesaler.

Most get cornered into purchasing specific property types because its what their resources allow.

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

What does help you screen for a property mean and why would you need a "corporate" lease?

Buy a quality property, stay away from the hood, rehab it as if you would move in, take your time picking a tenant, you'll be find.

@John Zhang If your wife qualifies for Real Estate Professional Status (REPS) and materially participates in managing rental properties, there is no limit on the amount of rental losses, including depreciation, that can offset your W-2 income.

However, there are multiple documents that emphasize that all 1245 property determinations must be factual and supported by corroborating evidence.

Quote from @Michael K Gallagher: Quote from @A Rao: I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 

I am located in the Dallas-Fort Worth metroplex and looking to acquire multi-family properties.

I knew it was time to dive into my next property.