Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

It’s awesome that you’re diving into real estate and taking the time to build a solid foundation first.

With that strategy, I'm not a real estate agent BUT I am also reading a book called "BUY, REHAB,RENT, REFINANCE, REPEAT.

They did reach out and wanted a second builders deposit 3 days before xmas, 2023,  and that was the first real contact I had with them over that year long time period. 

There is no stock account that gives the leverage real estate does, at as low interest rate real estate does, at as low risk/ volatility real estate does. 

Quote from @Keith Angell: Hello everyone,I’m looking for some advice as I plan the next steps in my real estate investments.

For real estate investors, adapting to these changes isn’t just about avoiding fines—it’s about protecting your investment and maintaining a solid reputation. 

Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.