Your parents rent/buy their home based on their interest and financial capability.

Paul - Firstly, congratulations on accumulating a strong (and diversified) financial foundation.

If appreciation is your play, just know you’re betting on future market growth, which isn’t guaranteed.

As stated by one of the respondents, this is a valuable experience for future investments.

The problem with getting TOO much complexity in your analysis, initially, is that you’re guessing as to the inputs; making assumptions based on the possibly unique experience of others; and using historical data that may not hold up well in the future.  

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way? 

I meet up with some of you every year at events, and the changes are shocking—more weight, more stress, and aging way faster than you should be.So let me ask you this:❓ What’s the point of financial freedom if your health is holding you back?

This can be helpful if you expect your property to become profitable soon.Save It for Later: If you don’t use it this year, you can save the depreciation for future years when you have more rental income.

Income Levels: Will your AGI decrease in future years below the $150,000 threshold?

I have collaborated with numerous out-of-state investors, assisting them in finding properties that align with their financial objectives.