I guess the part I'm not understanding is that it sounds you can combine their time for material participation (which is 500 hours), but not for the 750 hours required for REPS...but 750 > 500, if you meet the 750 hours, you already passed the 500 hours for material participation.Or you can get 500 hours combined material participation, but then one spouse needs an additional 250 hours of "non-material participation" (??)

By no means am I a local expert, but I think that the househacking is the best way to get started for almost everyone, especially a single person, or young couple. 

Nashville may be a higher value market, but being an expert in Memphis investing would be potentially more lucrative early because the price point is more accessible and you know it better.

How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions  thank you everybody for your help!!

These studies can be pretty complex, and a third-party expert will ensure it’s done correctly and that you maximize your depreciation.

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

Hi experts, I have a question about net passive income from rental properties.Say I have passive loss (say -X) from investment property A, but have passive positive (say +X) from investment property B.For tax purposes, can I pool A&B together to net them to 0 on the whole passive rental properties income?

Has that been problematic for you due to Texas being a non-disclosure state?

It's important to carefully evaluate the costs and terms associated with each option.Consulting with a financial advisor or real estate financing expert can provide personalized guidance based on your situation.Best of luck with your acquisition!

But how do the suspended losses for final K-1 flow into Schedule E line 41 (or line 32): from line 28 column g (passive loss allowed via 8582) or from line 28 column i (non passive loss allowed)?