One notable exception is that nonpassive losses can offset anything, which explains our current obsession with STRs.Specifically to your questions.1 - No, cannot apply PAL against dividends/interest but probably can apply PAL against your K1 income (as long as it distributes ordinary business income and not interest/dividends)2 - STRs do not unlock prior year PAL, and neither does Real Estate Professional status, by the way.

Good morning, my wife and I have been running  transitional homes for men and women 18+ who struggle with chemical/mental health issues going on roughly 5 years. 

The EPA has published new lead paint standards. https://www.healthday.com/health-news/environmental-health/e...All five of my rentals were built well before the end of the lead paint era.

I’m also a big enthusiast for health and wellness, always striving to improve myself and learn more.If anyone in the Houston market would like to connect or has any advice for someone just starting out, I’d love to hear from you!

Power.Having said that, we should all be aware of the ever-changing weather/climate and how it might affect our investing and more importantly, our lives and health.

W-2, 1099, etc.) with passive income/loss from rentals is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Once you have clarity on whether or not you can offset non-passive income with rental losses you can then explore cost seg to accelerate depreciation (and some of the accelerated depreciation from cost seg will impact year 1)...

He told me to fill in an application that asked me personal questions, like goals, financial status etc and then have a call with one of his sales guys.

In my opinion, a more moderate quarter-point cut would have signaled confidence in the economy's underlying health.

And in return I think the health of the overall housing market will benefit as well. 

W2 jobs do NOT qualify you for Real Estate Professional status, even if the job is in real estate!