These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

A quick look at groups near Camp Pendleton shows plenty of activity from folks seeking housing.

Those meetups are a great way to soak up relevant info from other active investors.

Are you looking to actively invest or do it passively? 

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business.

Hi Michael,Finding the right CPA is crucial for managing your investments effectively.

If you are having that much activity but cannot find the right tenant than you will want to lower the price just slightly to entice better tenants OR you can relax on your qualifications.

That way you know they are active in the BP community!

This would help us benchmark and explore simpler alternatives while understanding how complex the structure mentioned above truly is.I assume they are not actively managing their business?

Additionally, considering the time value of money is crucial, as deferred gains and tax efficiencies may improve long-term returns despite upfront losses being largely on paper.