House hacking is one the best ways to get started in REI.

Hi everyone,I graduated college a few months ago in Boston and tried to start my own business but it didn't workout and so I focused on Real Estate instead and passed my NV License.

Im using Daniel Hyman's service this year, MyOnlineAccount, its nice being able to just upload all my docs in the cloud to get this started.

@Luke Fruge you are in the right place to get started for sure!

Aren't they losing money?

Highly suggest checking out the local meetup groups: https://www.biggerpockets.com/forums/521-real-estate-events-...Our monthly meetup is tomorrow, so that might be a great place to start! 

I'm looking to get started investing in the DFW area.

The only real difference is when you start collecting rent after purchase.How have you weighed this against the probability of tenant nonperformance?

If you are managing this yourself, you are off to a great start.

So all of the gain and depreciation recapture are initially still tax deferred.However, like Joe said, the down side is later when sold  you lose the 1031 option. the client will pay tax on all gain and depreciation recaptured from before the 1031 also.