Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I use an umbrella policy for that purpose, but do the research (or pay someone who already knows) for the right protection for you 3) consider using a professional PM or recognize that you need to increase your knowledge related to managing properties.Good luck

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Example: claiming tax benefits from the STR loophole or from the Real Estate Professional Status (REPS) - which, by the way, are two completely separate things.

If you’re looking to retain professional services to get the feasibility and zoning/conversion processes figured out, please reach out.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This would be better answered in a private setting with your tax professional to determine the best steps moving forward and structure.

Danko (Author)It’s people who live a fairly conservative lifestyle and while they own  mundane type businesses or work professional type jobs (or high paying blue collar jobs) put aside a good amount of income for investment.  

It sounds like you’re aiming to offset your W-2 income with potential real estate losses, which can be tricky if you don’t qualify as a Real Estate Professional.To qualify as a Real Estate Professional, you or your spouse need to spend more than 50% of your working hours and at least 750 hours annually on real estate activities.

I figured I have plenty of professional customer service and sales experience, so let me put those skills to good use and also cultivate professional relationships with investors.