I'm also a real estate bookkeeper.

Can't say I enjoy real estate, but enjoy what the money allows me to do :)

You will be able to use those disallowed passive losses: -Against other passive income -If this rental has net income in a later year these disallowed losses will offset that income-When you sell a rental those carried over disallowed losses offset the gains on sale Other situations you hear about where people CAN use the rental losses to reduce W2 income are where the rentals qualify to be Non-Passive This typically happens in the following two situations: Real Estate Professional Status- A taxpayer or their spouse spends at least 750 during the year on real estate- and more time on it than anything else.

Hello BiggerPockets Community,I am looking for a private lender who is interested in passive income secured by real estate.

Need to get on the Charleston Real Estate Investor Fb page! 

You really do have to prove them you are the real deal.

The right real estate team can help you find the best opportunities and structure the deal in a way that sets you up for long-term success.

My name is Logan and I am wanting to get into real estate investing and saw that this would be a good place to start! 

One of the biggest myths new real estate investors believe?

I've had other real estate challenges and 1031 exchanges that have pre occupied my time.