As you look to build your business, consider setting up some keyword alerts for topics like: - 1031- Tax Deferred Gains- Boot- Exchange- Like-Kind- Etc. 

That makes total sense and it's good to know that at least the passive losses can off-set the rental income.Quote from @Andrew Strauss: Hi Felicia - For high-wage earners, the ability to use rental losses (including depreciation) to offset W2 income is limited.

Quote from @Andrew Burrell: You can usually set up an LLC yourself or use an online company that is inexpensive.

As the years have progressed I have learned so much and now I am setting out to help others. 

I'd encourage you to also set up some keyword alerts for "Hartford" and related terms like house-hacking, duplexes, etc.

They can make sure your set up correctly with entities and taxes, plus since they're an education-based firm, you'll learn all the things you want to know about.

You have done a lot to set yourself up, now you need to show up and ask good questions.

Companies like TSMC and Intel are investing billions into new facilities, and it's creating a real surge in housing demand.One of my clients was set on investing in Philly but decided to explore Phoenix after we talked.From what I read in The Wall Street Journal, Phoenix is one of the fastest-growing cities right now.

You can set up a succession plan within the LLC, making it easier for your beneficiaries to take over or distribute your assets as planned.Streamlined Financing: DSCR loans can be more flexible than conventional loans since they focus on the property’s cash flow rather than your personal income or credit.

If you’re still planning on selling but waiting a bit you may want to do the LTR strategy, perhaps on a month to month set up.