@Christopher SmithAll 'trade or business' income of the taxpayer is aggregated for purposes of determining the net income limitation of S179.This means you could theoretically have a tax loss on your rentals, S179 the qualified improvement property (QIP), and have that S179 reduce your Schedule C income tax (but not self-employment tax), assuming you have net taxable income on the aggregation.I've had plenty of these conversations lately and will have a few more in the next few days for year-end planning purposes.

Based on my research and feasibility of my employment Austin, TX is in the top of my list followed by Portland and Phoenix. 

I am currently employed as a ticket broker, so I have consistent income to pay a monthly mortgage payment as well as the down payment.

That means looking into the median income, school system, linkages(proximity to employment, shopping, churches, etc). 

How are they employed without one?

My credit is 750 & I have cash but I’ve also been a self employed Broker for the last year & a half.

(Self employed general contractor, income low on tax returns, but own house worth $1.2 million, no debt)Would love other opinions on this, not just our realtor’s.

I just got a loan on a 55k property with 20% down, our income is already very complicated with self employed income, rentals etc.

Example: my employer contributes 2k while matching me on 1k every month.

Example:  100 years ago agriculture employed 85-90% of all Americans.