Here's the back story: My wife and I are about to move states, and when we do, we will be shopping for a house hack, but in the meantime, we want to get our feet wet with a small multifamily property in Cincinnati.

He was a really cool person.

Essentially you are creating future tax free income by being able to roll over these losses.If your income is between $100,000 and $150,000, a portion of that $150 loss is deductible and the rest rolls forward.If your income is less than $100,000, your loss is fully deductible - and THAT's the cool thing about rental income. 

We are local contractors in the area looking to get our feet wet in the real estate investing waters.

1 thing; in this current market those are decent margins on such a low price point.Since I got no answer on my questions I can only *** u me that the $ partner is in a unsecured position, a no go for me.It would be cool though if more renters can buy homes.

The cool thing is you have multiple strategys and just because you choose one, does not mean you cannot switch to another one - maybe one fits your short term goals and another one helps down the line with long term goals.

Wet signing the lease in person is the only opportunity to talk to the tenant about stuff that matters - so we quickly switched back.

@Madeline Walsh very cool!

HOWEVER, it's primary appeal is affordability rather than being a great or cool place to live.

Then he got "too cool for school" and became a free man again.When you click the quote button, you can delete any text you don't want to include and only leave the text you do want to quote.