If I get motivated enough in the near future I may do more research and experimentation with it.  

The type of information needed depends on if the building is being constructed in the future or if the building already exists.

Essentially you are creating future tax free income by being able to roll over these losses.If your income is between $100,000 and $150,000, a portion of that $150 loss is deductible and the rest rolls forward.If your income is less than $100,000, your loss is fully deductible - and THAT's the cool thing about rental income. 

Andre,First off congrats on making the move out of CA and into a more accomodatinng state like CO in terms of Taxes, Home prices, and future to build a sucessful REI portfolio. 

As a land lord you need to be putting away $1 per day to pay for your future roof. 

Would love to have [insert name] stay in the future!”.

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

Best of luck for your future!

Btw, wrap it all into an overstuffed single premium whole life policy and through the insurance industry’s lobbying of congress your income will incur taxes deferred to far in the future, and if you’re lucky enough to die before 71 you may never have to pay taxes on the income.  

I did the NC property out of state and was not happy about the returns so future ones will be in my backyard only.