For that year 12k essentially increasing your taxesThen the rental 3 (Negative 15k) is carried over since over 150 AGISo it actually looks like the rentals had a 12k profit overall that year when it was more -3kAppreciate any guidance@John Davey to avoid any confusion for other investors that might be reading this post and @Austin Cheatham response. 

However, professional remediation is essential for quality results, complete documentation, and assurance that the job meets industry standards.

When a pet pees on the carpet, it's essentially toast due to the odor. 

For rehab work, especially if you're tackling kitchens, baths, and landscaping, a few essential power tools come in handy.

It's essentially using multiple novel (but legal) applications of long-standing regs to an activity that largely didn't exist at the time they were created. 

The 1% rule is essentially not going to happen in most markets, unless you are in the midwest or more rural/LCOL areas. 

Hi John- they seem to be in a tough spot related to the Synapse Financial bankruptcy- they've essentially suspended operations and are trying to sort through the mess.

The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

Essentially you just take over the existing mortgage payment.

I’ve noticed that my confidence grows with every conversation I have with experienced real estate investors, and even more so each time I take a concrete step forward.I'm a strong advocate for personal growth and development, and it's great to see that you also view it as essential to success in investing.