The main reason is labor, and the cost to live around this area is not cheap, so skilled labor demands high wages and benefits. 

Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area. 

The demographics of these investors are typically high income earners, almost 90% working in tech (software engineering, tech sales, computer science, etc).

I’m a high-income earner and just received a substantial tax bill, so I want to make sure I’m getting everything right from the start.To give some context, I currently own one rental property where my dad resides.

I'm no Nostradamus but if I had to place a bet I'd bet on rates holding flat until/unless it was obvious there was significant thawing in the residential housing market, and I don't think that's coming any time soon until wages come closer to catching up with prices.

Rental activity.Passive losses may only offset passive income, not active or portfolio.This is a problem for wage-earning real estate investors.So HOW DO I GET THOSE DEDUCTIONS?

If you need an S-Crop depends on many factors: FICA wages/income and net profit.LLC doesn't save any taxes in BRRRRR.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

When you get the order have his wages garnished.

Also, in my view, FWIW, the savings account, for high income earners, is just not great.