Quote from @Henry T.: My CPA says STR "A" can only deduct expenses for STR property "A", and only up to income level.

I'm doing this for the first time on my own after a divorce, so I'm aiming for efficiency, affordability, while also being able to find tenants I feel good about being such close neighbors with.thanks in advance! 

You should make sure that you can afford the cost of the protection that you choose. 

What if the roof requires replacement but Partner B can't afford their share?

ROI and financial gain are truly the best catalysts for solving big problems like housing affordability and availability.

For example, a high-cost market like California may be balanced by a more affordable, growing market like Alabama.2.

Expanding to California or Indiana can make multifamily properties more affordable, but it's better to start in California and expand to Indiana.

I want to buy a house-hacking property or duplex around the SoFlo area, but I'm wondering it it could be a better idea to invest OOS in Huntsville Alabama where I could afford a quadplex or something of that measure.

That’s a pretty good amount to start out with if you’re creativeIf you already have around $40,000 to invest then finding an affordable coach that can help you find under market valued deals and can help lead you and guide you through the process from start to finish is probably better than going to a course or reading a book.

Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.