While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.

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NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.

The account fees are minimal compared to the potential gain with most syndication offerings. 

The key is going to be showing the long term gains, since they won't see any returns for 1-2 years. 

The market appreciates 3% per year.If you pay cash for one house and rent it for $1,500, after five years, you'll have earned $90,000 in rent income and gained $34,000 in appreciation. 

I'm realtor for Magnolia Realty (we're owned by Chip and Joanna Gaines) and I work with quite a bit of investors on helping them buy and sell properties! 

Gaining an understanding of the Zoning is vital to what can be built and essentially dictate how profitable the land can be.

@Sonya Brown sorry but where would I find access to courthouse docs or Randy?

i didn't even know auctions gave opportunities to actually have access to properties beforehand.Given your line of work, i would say that you are uniquely positioned to work well in the outlined situation.