Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.

Yes, since you’re a real estate investor and possibly a high earner, you will definitely benefit from working with a specialized tax professional who understands real estate tax strategies, rather than just relying on an H&R Block preparer.

Quote from @Ricardo R.: @Shannon Brill I think you might be overthinking this for a duplex.

As a sponsor, what investors don’t realize is when you allow investors to invest $100 r $1000 in an investment that fund is losing money on that investor - why?

Conversely, if I don't BRRRR and add these properties 1 at a time skipping the last R then I could reach the same cashflow goal with 6 homes.

Your input can help highlight areas where platforms can better serve hosts like you.https://www.surveymonkey.com/r/5W69ZPCI’d be grateful if you could take a moment to fill it out!

Quote from @Tracy R.: Hi @Erik Lopez, just now happened to see your post. 

I have spoken with lenders who also say I would need to live in the residence consecutively for 12 months after I move in.  

Eventually if you do this for a few years consecutively you can get a tax deed to the property (e.g., MS).

Quote from @Valeria R.: Hello All not new to bigger pockets or  the real estate business took a little break to build a solid foundation and to pursue my real estate license for Florida as well and to learn the in's and outs of the business.