My day job is being a financial professional, so I have good experience with underwriting and sales that I believe can be translated to real estate.

My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

You may need to guide or provide these types of photos as things you want your professional photographer to succeed. 1.

After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

Readers should seek professional advice.

I'm curious as what y'all consider to be the minimum criteria for approving a tenant, assuming you don't have access to professional tools.

@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.

No one cares about your properties like you do.

Unfortunately, this is generally catered more towards folks that don't know, don't care or too focused on a few bucks.