No loans were involved, so I had no more cash at that time, and "the cart was still there" - that is, the house required a GIGANTIC investment (and they exceeded the planned).

I am having a hard time determining the best way to get a good deal done if I can only get a loan to cover a purchase price of 100k or more.If you're looking to expand in IN I would for sure reach out to small, local banks that have no more than 10 locations.

Having trouble finding a lender to lend no more than 60,000 with me putting down around 15 percent .

Account Closed Using the numbers in your example (which implies you fall under the income limit for deducting passive losses with active participation), your rental loss of ~$13k would wipe out your W-2 income in full and generate a ~$3k NOL, which would be carried forward.The standard deduction and personal exemptions (remember, no more personal exemptions starting in 2018) are irrelevant in this case.

You are no more protected with an LLC formed in Wyoming.

Pay workers a fair price, no more no less.  

But anyway those 12 states generally will have a carve out for TRUE PML who is lending their own money and its usually a limit of something like 3 loans a year no more than 5 outstanding at anyone time.. other wise a license is required even for those not holding themselves out as a lender.

If you're buying south of the highway, you're no more than a few minutes to the beach.I'm not going to say that a MTR/LTR won't work in the area, but generally they don't.Let me know if you have any other questions! 

And she left at the beginning of February, but was out no more than 2 weeks

I have no more reserve like Maggie Jiles.