Some people say that is not the 'fastest way' to gain wealth in RE is to highly leverage and go big.

The most passive investment, not that good one but totally part of my journey.Those days I had a 2 years old toddler and I was a photographer, I photographed for fashion magazines, e-commerce and for startups.A year after, 2019 I’ve decided to have my second daughter2020, Covid is in the air.A 3 -year-old toddlera 1 year old baby girlI made my second out of state investment, this time in England. 538 sqft, Nice cashflow, not amazing, bottom line not a good investment at all - bought it with Real Estate Investment Mentors which recommended this property.

No, STR Loophole makes depreciation useful to offset all active income and passive income3.

Rent growth had the most gains in 2022, but 2024 has seen modest gains. 

One accountant said it’s not subject to self employment tax since it’s considered passive (but origination fees and other loan income fees are subject to it.

My father would be willing to help us out in basically any way that he could, in exchange for modest monthly payments going forward, and is content limiting his capital gains exposure with the owner financing. 

I bought on a discount to gain equity day one.

Wholesaling might work if you find the right buyer who sees the long-term rental potential, but you're not likely to see significant gains quickly with the numbers you’ve shared.Given that you're cash-flowing well and have a stable tenant through August 2025, holding the property while pulling out equity to pursue other deals sounds like a strong move.

That way we could either claim expenses as deductions or through depreciation, rather than just as an increase in basis for capital gains if it was our primary residence? 

So, identifying the low hanging fruit identifies the most gainful improvements you can make. 4.