The long term capital gains rate for many people is Federal 20%. 

The cap gains will be over 300k.

I have done several evictions on my own in the past simply to gain knowledge.

I'm trying to learn as much as possible to gain the confidence needed to invest in my first property.

You should be able to offset all the passive losses against the passive gain.

As you gain momentum, you'll realize that each of these tasks are full-time commitments and that they'll quickly become more than any one person can handle. 

Jumping into a fourplex is a great way to gain firsthand investing experience while building credibility as an agent.

Hello Faysal,1st of all, I personally don't like option 1, not equity gain with your investment.For your option 2, with your cash available position, I would see if I could talk the owner in to Owner financing the property for 12 months at 5%, with $100k down. 

That is several thousand in rent gained right there and they is not even counting the cost you would incur with each turnover.

Most people say to start an LLC for liability purposes but some say you should use it to gain tax benefits afforded to businesses and not individuals.