If not, I highly recommend revisiting and considering the house hacking strategy before pursuing a rental.

We all need a solid strategy and we need to follow it, no exception.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

If you’re not satisfied with your current attorney’s approach, it may be worth seeking a second opinion to explore other strategies or angles you might not have considered.Next, focus on compliance with housing codes and tenant protection agencies like DCF.

Also, off-market opportunities can be a great way to find deals that fit specific investment strategies.

You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔

There are definitely areas where you could repeat a similar strategy but with even better cash flow.If you’re ever looking at growing your portfolio elsewhere, I come across off-market deals that could align with what you’re looking for.

But that's for another discussion.So in a roundabout way I was trying to get into the LA's commission, which I know isnt a popular strategy among Realtors.Thanks again all,TC

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I'm new here, and am ready to start investing my time into learning the strategies to get my first rental in 3 months.