The contributions are lower so it takes a while to build, but once you do, it's tax-free investing. 

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

Tax Preparation, Tax Advisory, Accounting.

Check with a great tax professional!

Consult a tax advisor to optimize the use of passive losses and explore potential benefits from selling stocks.This post does not create a CPA-Client relationship.

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

I actually ended up going through a big career change, and attended a 6-month bootcamp to learn Software Development after 7 years cooking professionally in fine-dining kitchens. 

Also makes it look professional when a potential renter comes to look at it.

However, I wouldn't say it is a complete tax-free strategy. 

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.