Now you get better cash flow, probably got a tax deduction due to the points (check with your CPA), and you don't need to worry about refinancing later.

@Greg O'Brienlet’s say you have 300k deduction of material participation on schedule E and you have 300k in W-2 income.

Child deductions aren't a loophole.

Not the 10 percent down aspect, just the whole idea that you can deduct against w-2 income without being a RE professional.

the fee is probably tax deductible as a business expense.Let us know the outcome!

Major issues like foundation work, bathroom renovations, and deck repairs are considered capital improvements, which can be depreciated over time, allowing you to offset a significant portion of your rental income with those deductions.

Hold the bill until they terminate and vacate, then deduct the cost from their deposit.

Each area has a table owners can use to calculate the deductions for utilities they do NOT want to include (or can't - like MFR with only one water meter).

What is great about an HSA is that you get tax-deductions for contributions.

Basically only NE Jackson has owner occ activity Sojac very little to none anymore all investors who are only going to pay for what ever the cash flow is and deduct for risk.