Now, if you were NOT a "real estate professional" you would only be able to:grab the rental income ($100k) and subtract that from the rental expenses/depreciation ($117k), now that extra $17k loss can only be used to offset future rental income, not the W-2 income and dividends and interest income. 

Go search the topic "Lifestyle Asset University" here on Bigger Pockets and you will see a longer thread with a lot of opinions (most are not members) but still worth a read as there are a half a dozen paid members from our group who have commented on that thread.We were formerly called Lifestyle Asset University, but I didn't realize that you couldn't use the word University in your company name here in Utah so we changed our name to Vodyssey. 

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

He is always having issues, confrontations, ongoing drama and the like.....You just provide an excellent service and smart people will pay extra.

An in-house attorney would focus on resolving issues efficiently rather than driving up fees with extra billable hours, which can happen with outside firms.That said, I’m questioning whether this is the best perspective.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I do value her as a cleaner and she definitely goes the extra mile and are the eyes and ears on the ground for me.

Almost half are Ashcroft deals.

But with the second home the $600 in extra rental income is enough to pay towards an equity loan.

I am looking for in the MA/NH border area, Tyngsboro, MA, Dracut, MA area etc. as I am trying to have half the property tax of NH while working in NH and not having to pay that income tax.If there are any pointers anyone experienced would have, I would greatly appreciate it.