I do enjoy my day job and hope to stay there as long as possible, with the hope of peeling off by 45 (just turned 40 this month) and after that would consider maybe using the cash flow to benefit me a bit. 

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

So as long as a sale qualifies for a 1031 exchange you can do as many as you want in a year. 

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.

House hacking is the lowest risk way to get into REI as long as you take on a mortgage you can afford on your own income. 

But we soon came to realize that we could re-rent a unit in a matter of days as long as we had proper notice from the tenant.  

Hey @John Semioli, DSCR may be worth looking into as long as you have accurate and up-to-date bookkeeping records.

So long as you have a wonderful cleaner and handyman in the area you'll do just fine!

That's mostly because we already get the 4% residence tax rate for your primary residence, which is a very low tax rate.As long as what you purchased is commercial, you can apply for it.

Can the lender still file the lien after-the-fact as long as the promissory note clearly indicated that the intent was for the subject property to be collateral?