If the property is treated as passive, then, you are correct, that it is not eligible to offset other forms of income.If the property is treated as non-passive(active), then it will be eligible to offset other forms of income.

So, we're trying to find other ways to connect with people who are active in the city. 

@Rachna CondosYou can try contacting the local hospitals and other relocation professionals that assist new employees finding housing.

OP should find a very experienced short sale agent locally and have a conversation.

Have you looked for a local investors group? 

Hello,I want to expedite my success in local flipping and out of state BRRRR deals. 

Seems a bit high if it's germantown, but yea ask a local broker. 

Please let us know if you need any assistance with this as we're a local mortgage brokerage located in Fall River MA.

I get that.. so I would talk to a local attorney to see what can be done..

Hi Biggerpocketters,I'm a licensed Realtor in Dallas, Texas, and actively invest in my home state of Oklahoma.