@Adriana McLaughlin If your AGI exceeds $150,000, your ability to deduct real estate losses is limited under IRS rules.

The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits.

Getting them to raise their credit card limits to attend their seminars, purchase their CD's, and go on their bus tours. 

Boulder's superpower is it's politics - they don't allow construction at any magnitude in the city, limiting supply long-term.

Much that is outside the city limits is on septic. 

I agree except some clients I already have at limited service will not cash flow at full service or need material participation. 

Partner Driven specializes in identifying properties that can yield fast profits with limited upfront investment, making this an ideal opportunity.

I've heard that as long as I'm outside of the city limits I should do ok.

I never limit my investments to one strategy.

There are some key limitations that are important:Passive losses can only offset passive income.Up to $25,000 in passive rental losses may be deducted against non-passive income if the investor actively participates and their modified adjusted gross income is below $100,000.Unused passive losses are carried forward to future tax years.Here’s an IRS article that further discusses the rules: https://www.irs.gov/publications/p9251031 ExchangesThis strategy allows investors to defer capital gains tax when they sell a property if they invest the sale proceeds into a “like-kind” property.