Hi Katie, do the tax benefits apply to just Real Estate professionals or could it also apply to regular full-time W-2 employees?

Understand Proposition 13 for property tax benefits, local transfer taxes, and strict tenant and rent control laws.

If family lives in the main home and friends stay for free in the garage, the property remains a primary residence, but there’s no rental income or tax benefits.

If you're comfortable taking on more effort for bigger rewards, BRRRR might be the way to go.From a tax perspective, BRRRR may be better because you can potentially benefit from accelerated depreciation on the property, which can help reduce your taxable income and give you a bigger tax advantage compared to a turnkey property.

We have the most diverse neighborhoods and each has its own unique investment benefits.

But what difference does it make if the leveraged portfolio earns an insufficient risk adjusted return?

Also AirBNB stocking fees, maintenance, cap ex.But at the same token know that the principal portion of your mortgage payment is actually not a true expense so there is that benefit to doing all of this even if you are light on the cash flow or break even.  

If you wait until 70, you can maximize your benefits. 

You're best off continuing what is currently being implemented and then making adjustments once you have a better grasp on the building.

So the benefit to investing in a note fund is that with no additional exposure, investors get access to a consistent return with less liability.Best,Dave