@Chris Mahoo Even without qualifying for Real Estate Professional Status (REPS), long-term rentals offer key benefits like depreciation deductions over 27.5 years, deductible expenses (e.g., mortgage interest, repairs), and up to $25,000 in passive loss deductions if your MAGI is under $150K.

If there are items of value left behind, or even personal items of sentimental value, I will follow the abandonment rules to a "T" to avoid any legal issues.

Ok, I wasn't spamming (I don't even sell anything I could spam) but I was pasting a "hi" message to new members THE SITE RECOMMENDED TO ME.

Hi, I'm super new to REI & have no clue where to even start.

Then it's even cheaper.

You want the ability to create your own spreadsheet even if you never do. 

The good news is that real estate offers countless opportunities, even in higher-cost areas, to build wealth and achieve your goals.

The intricacies tax planning with a rental are worth hiring a professional, even if you just do it once for an overview. 

He even agreed to selling me one of his since it’s already performing and ready to go.

Some of those may even be competent and know how to underwrite deals and sponsors.