Passive activity loss (PAL) restrictions are not for bonus depreciation per se, but for an overall loss that is a result of subtracting ALL expenses, including depreciation, from rental income. 

I wish it were in SE TN. 

Shanae,You’re getting input and advice from all across the spectrum, but I’ll take a gander here and offer something a bit different.I moved my new bride to SE Asia 27 years ago to invest our lives into helping poor families.

Not real estate related per se, but I heard about the book first on the BP podcast when they interviewed him.

I would avoid buying cheap properties and trying to get rents that are 2% of the purchase price, specifically on the SE side.

I am originally from Racine so I frequently get down to SE Wisconsin.Initially my plan is to start with a Duplex house hack style in Fond Du Lac.

This is a 3-parcels Land Assemblage on Gresham Road SE, just South of I-20.ASKING:  $650,000Dekalb Watershed has informed me that there is ample Sewer Capacity in this area. 

This helped us identify what the past few years of population growth data looked like for SE North Carolina. 

@Dan Schwartz yes, manage with an S or C Corp to siphon profits and reduce SE tax exposure.

Andy’s IRC 415 limit is based on 20% of the combined income of $10,000($100,000 – $90,000), less the ½ self-employment (SE) tax.