You can also read Amanda Han and Matt McFarland's books that are available in the BP Bookstore.As for reinvesting in your business - it really depends on your goals.

When I read the actions, the "DO" it's saying the rate cut's are political in nature.

Fingers crossed they don’t lose it all 🙄 Read Dennis's post above. 

There are multiple factors to consider, but from what I'm reading, you're better off doing STR if you're good with more turns.

We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

For that year 12k essentially increasing your taxesThen the rental 3 (Negative 15k) is carried over since over 150 AGISo it actually looks like the rentals had a 12k profit overall that year when it was more -3kAppreciate any guidance@John Davey to avoid any confusion for other investors that might be reading this post and @Austin Cheatham response. 

Thank you I did read something about that with McKee passing that.

I read that the government (village in this case) takes ownership and pays fair market value to the owner.

@James Wise When reading his reply, my interpretation is that he is not providing "property management", in his opinion.

I have been reading thier seems to be a lot of rules and regulations.