So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I wouldn’t call myself “wealthy” by comparison standards, but I’ve made a lot of progress on net worth over the last 5 years.

Tim, thank you so much for the thoughtful response here.

Thanks @Jack Beker, will look forward to do so, I appreciate it

For example, if I send my son money for books, can I do so as a property manager fee so that this is also tax deductible.4) If my son, finds the monthly payment to be to much while he is in school and I end up shouldering some of the costs, how long per IRS rules can I carry a loss on the property.Any help would be greatly appreciated.Thank you.

Me and the wife are having a little girl so my plan is to wholesale for the next year to better leverage my time and really develop that one skill in my skill set.

So here I am, ready to get my first deal of that type for 2025!

So be careful.One work around that would be for you or your wife to form a single member LLC that can be taxed as a sole proprietor in NC. 

The deadline has moved and been in question so much I just knew I'd miss it😩

So I could live off of that at the time.