HeyAlfredo,Your strategy seems correct; if your wife qualifies for REPS by meeting the 750-hour and 50% personal service time requirements, you can use cost segregation and bonus depreciation on your remaining rental properties to generate losses that offset your 2024 W-2 income.

That 125k investment is now worth 500k in 10 years and it will be generating 65k a year in returns going forward (and that will continue to increase over time).I would add that I don't like ever paying retail for real estate as I've always been a believer in the adage that you make your money on the buy side. 

.- Generation Toolbelt.

I think these regulations improve accountability, generate revenue, ensure fair competition, protect neighborhoods, address housing shortages, and promote responsible property use.

@Matthew NewsomHouse hacking is a viable strategy for generating cash flow in 2024, but success depends on market conditions, financing terms, property type, and rental demand.

This enabled us to execute a 100% cash-out refinance, returning all initial capital to investors while still generating cash flow.

Most homeowners shift to winter rentals during those months to keep some cash flow.If you’re planning to use the property yourself for two weeks in the summer, it’s important to keep in mind that it will take away a significant chunk of prime revenue, which will make it harder to break even or generate solid income.If year-round traffic is a key factor for you, you might want to look into areas down south or near a National Park, but with the right property and strategy, Cape Cod can still be a good investment—especially if you’re looking to have something to enjoy and eventually leave to your kids. 

Originally posted by @David Pulley:Asking for Miami Dade County Florida Most states you can not but they can support your marketing and lead generation efforts. 

Investors are being more cautious and looking for properties that can generate strong rental income right away to help cover the higher financing costs.

Stessa is great if you are an individual and you are just trying to track the income and expenses on your rentals.Unfortunately, for Stessa, they do not have the ability to generate a balance sheet which makes it a no-go for any business.