Definitely house hack via FHA in NYC right now.

Short term rental depreciation can be accelerated via a cost segregation and utilized to offset your taxes from your w2.

Quote from @Nolan Fernandez: Hi @Owen Dashner and @Marian Huish, would you like if I fill you in on my progress with purchasing a house via this program?

I purchased it via a RE agent.

If you are in DFW, I would contact him via Instagram. 

Tom,I completely understand the strategy you are looking to execute and accomplish when it comes to offsetting your W2 income with STR paper losses via cost segs and bonus depreciation.

He communicates only via email and only up until 10am est.

I purchased it via a RE agent.

let’s start with the premise that a successful brrrr has minimal costs and an ideal brrrr has no cost (all investment extracted via the refinance).  

I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller.