All the purchase transactions i dealt were investor centric and Passive income / Positive cash flow oriented. 

If your expenses associated with the rented portion exceed the income, you may have a tax benefit if you are eligible to deduct passive rental losses from your other sources of income.

Transferring your current property to an LLC typically won’t result in a tax gain or loss but could trigger transfer taxes depending on your state.

I’m confident that everyone who reads this will gain a deeper understanding of PMLs and HMLs :))

For taxes, if the insurance payout is more than your adjusted basis (purchase price minus depreciation), you’ll have a casualty gain.

So your cash flow is decent, but after you’ve had a few turnovers after 10 years and have had some cap ex expenses, you’ve broken even or gained very little since the home hasn’t gone up in value much.

In a market where buyers a bountiful, sellers have too many other options to consider, before accepting an offer from someone trying to assume their loan. 2) Anyone who has owned their home for 3+ years is sitting on a substantial amount of gained equity from appreciation.

I told you the story about China because they're QE is going to be a boom for Bitcoin.I know we're on a real estate forum, but in my opinion of over 15 nearest investing in real estate you really need $100,000 minimum to make your first investment, especially when you are looking at out-of-state passive investing if you are dead set on real estate I would recommend reading some books on wholesaling I'd use your money as earnest money to put the properties under contract

These resources can help you connect with like-minded individuals and gain valuable insights for your multifamily investments.Good luck!

Some cliff notes:REP status requires 750 hours in real estate activities, and then after you hit that, the test is materially participating in your rental activities.If it is a short term rental with less than a 7 day rental period, if you materially participate, which could include at least 100 hours and that is more than anyone else, then yes possibly can use the bonus depreciation against other sources of non-passive income.