My plan is to allow my portfolio to compound, and then after college pill up some money and start investing in real-estate.

I'm completely fed up and I am trying to figure out if it's worth keeping to rent out or if I should just cut my losses and sell it. 

Expenses neared my W-2 income, so that I am showing massive losses for 2023.

As long as you have a primary housing expense (either renting or own) you will be able to use 75% of the appraisers opinion of the future rent. and you will be able to add back a decent portion of your paper losses on your tax returns for the properties you already own using this form:  https://content.enactmi.com/documents/calculators/Form1038.C... 

Long-term, everything will likely be fine, just a painful pill to swallow after only owning for 1 year and believing I had more time on this particular HVAC

I like tenants to have 1-2yr work history with 3X income...At least you can recoup loss....

I logged in today to find only one of the dozens of email messages  I’ve received in the last month still listed in my inbox.I have one email from a week ago. The rest of my email threads that started more than a mont...

NYC went through a severe decline in finances, population loss, greatly increased Crome, etc in the period from 1960 - 1982.  

With this underwriting, it all seems to rely on burning off of loss to lease, vacancy and concessions.  

The cost segregation allows for accelerated depreciation creating pretty big losses on first year of acquisition and there after also.But schedule E doesn’t allow posting those losses to personal taxes 1040. losses stay with schedule E until they get offset by future profits from property.Did I get this correct?