I can’t keep track of the number of  people I come across on bigger pockets who feel the need to create entity structures more complexed than my former employer that owned a hotel portfolio valued over a billion dollars. 

My other option is to wait until my partner is done with school and we buy that bigger property we can invest more into if we don’t buy something now Thank you!!!

You can also get a specific STR policy done by some of the bigger ones (State Farm, etc.). by looking into things with an insurance broker that can shop around for you.

If your income exceeds $150,000, your ability to deduct passive losses from rental properties is limited, and any disallowed losses carry forward to future years under the passive activity loss rules.Yes, the deductions can accumulate and roll over year after year.

However as many of you know in business the bigger the risk the bigger the reward.

Welcome to Bigger Pockets !

Luckily most of my tenants only pay $50 a month of their portion so its not worth the loss of the 98% I get paid directly from the state. 

@Rebecca Morris The Bigger Pockets bookstore has a great collection of books on multiple topics that are beneficial to beginners.

.- for example, although SPY lost 28% their value in 202, but as total return, my portfolio is flat because my dividend income is offsetting the market gain losses.- what I am trying to say is that, if you are a "professional fund manager", you could create your set of portfolio that could beat the market , in this situation , the 401k is even less important.

I just attended the Bigger Pockets Conference and I discovered there were many books you can obtain through the Bigger Pockets website that might help you in your journey.