You don't necessarily need a w2 for active income it can also be anything else like self employment works too you just have to wait one year of tax returns but run your business for at least to years to use it and make sure you don't write off too much as you want to be able to use the income to qualify for a mortgage.

Hello Bp, I wanted to hop on here and write about what I have seen in my backyard STR market in the Pocono Mountains of Pennsylvania.   

Your writing makes it sound like the latter which means they are in fact late every single month and just found a way to avoid late fees.

Those are probably the biggest pieces, the rest is talking to other investors, surround yourself with these folks, build the relationships, run the numbers, get comfortable with the numbers, and start writing offers. 

Hey Jay, thanks for taking the time to write all of this.

That is usually done by having your own CPA, Attorney, or Registered Investment Advisor (someone with a license) write a letter stating that they have reviewed your financial statements and/or income statements and that you are indeed Accredited.

You are correct, All of the standard Market companies I contacted would not write the coverage with an open loss.  

In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return.

Also keep in mind that if you write off a bunch, that will affect the income that's used to qualify you. 

Fees should be clearly stated in writing, easy to understand, and justifiable.