Rents have flattened out in the city because wages aren't increasing and because especially in Brooklyn there is an excess of supply.

Of course he has an obnoxious personality and he is poster child for excessively displaying wealth. 

.• Metro areas which do not experience hard freezes or significant moisture.

They tied up the property preventing its sale for a excessive period of time.   

So far I have about $12k in reserves all generated from excess rental cash and I just refinanced the three homes which will generate roughly $500 extra per month.

Dallas is also under a cloud of excess new supply in 2023.

One KEY benefit of Real Estate Professional status is it allows you to take passive losses (e.g. excess depreciation on a rental) against active income (e.g. your spouse's W2 income).  

If you do decide to supply other consumables,   put it in everybodys lease that you supply X amount per month to be shared,  and any excess use is tenants responsiblity to buy for themselves,  and you do not referee or apportion use except that taking it all for yourself is not permitted.    

You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-ez for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.

If your MAGI is above $150k, you cannot take passive losses in excess of your passive income.