None of my generation at that time knew that was coming.

I don't know how they hold the deed.The questions:  What would be the easiest way to transfer to the next generation? 

. $50k K1 loss3. no tax on distribution during the entire 5 years because of $50k loss.4. at the time of sales, you still have $20k loss left5. at the sales (~2.5 times multiple), you get ~$200k back ($100k original capital + ~$100k profit).6. you owe IRS capital gain for $80k + recapture of depreciation, depending on your income, up to 20%.If you don't do anything, then you pay IRS long-term capital gains tax and it's all done.However, if you invest all the proceed of $200k in the same calendar year on a deal with the same terms, then you generate $100k paper loss effectively offsetting capital gains tax from the first deal.It seems like you will eventually run out of paper loss unless you put additional money in. however, you can defer the tax quite a bit.You can continue to do this until you die.... when you go, your kids will get this tax-deferred investment on a stepped-up basis wiping out the tax liability.Am I understanding it correctly? 

I work in lead generation for an international ecommerce company.I use AI and semi-automated systems to identify and contact prospective leads for my clients business.So, I have a plan... to use my leadgen knowledge and systems to source commercial property for investors.And one day I hope to make enough to purchase my own dream property, a small farm not to far from the sea is my goal.

I want to build a portfolio that will generate $100,000 in passive income.

For example, if my current mortgage is with Random Mortgages and I'm looking to refinance a primary residence with New Ohio Lender, is there any investigation done by the underwriter for New Ohio Lender on Random Mortgages? 

I have a 4BR/2BA in the Denver metro area that generates ~$2700 in rent by renting out by the room. 

When the value is less than $60,000 market value; the lender seems a high cost of maintenance compared to revenue generated with that.Good luck

I feel weird buying a vacation home for ME when I feel like so much of my strategy is 'work hard, save money, build equity, expand REI' - but at the same time, this could potentially be a small income-generator from AirBNB - I just don't have enough faith in that to really push me over the edge into moving forward.

However, in this day and age of the house hack, especially in areas where living spaces are hard to come by, why store your car in the garage when you could rent that puppy out and generate some cash flow?