Talk to your tax advisor about how to release your passive activity losses based on your situation.This post does not create a CPA-Client relationship.

My wife and I create Real Estate Meet-ups wherever we live (lived in many places due to being in the Navy for 21 years) and I believe that these groups help change that potential energy of potential investors into kinetic energy and make kinetic investors.

Looking for ways to create more passive income for myself.I guess an additional question is how profitable should I expect a short term rental to be in that area? 

This is the one that sparked Tennessee to really start to create legislation on it. 

The goal was to buy property in California to help underprivileged groups like traveling nurses and women needing shelter.We've created the non-profit, but I now regret not having a clearer path.

Or just create an inspection doc with checklist and have the tenant sign it?

Create a realistic pro forma profit and loss statement to determine if this business has the potential to pay any more than you could make working a “no risk” job. 6.

Great way to create cash flow and equity! 

However, this provides tax benefits over time rather than an upfront deduction.This post does not create a CPA-Client relationship.

If funds for the program are reduced or eliminated it would create a national housing crisis, so generally it just gets carried at about the same level each year.Yes, local governments run out of funds which is why they close their lists or the wait time is very long.