Purchase price: $162,500 Cash invested: $45,000 Sale price: $247,900 100 Year old classic craftsman.2 bed, 1 bath with a full basement.Still had active knob & tube wiring and it's original galvanized plumbing.An original porch that was extended and enclosed and about to fall off the side of the house!

Thus, a refi on the first home to acquire a second home, even though secured by the first, seems to fall under the guidelines and would not be deductible.

(FYI, never post how much capital you have to invest publicly...)There are a few top options that typically fall under the passive investor purview: syndications, private lending, notes, turnkeys, and triple net properties.You can learn the basics and principles of those from podcasts, books, and YouTube channels.

If there is a liability claim (tenant falls and breaks a leg) the tenant liability insurance will protect you, as well.

I am thinking this fall/winter will be a good time to add a pool and do a third garage/pool house addition and would like a construction to Perm. 

I run a small machine shop, lawn care business, and last fall I got my real estate license and work under Keller Williams.

The lease is silent on this. 

I bought a distressed home in a great area in fall of 2018.

Buy in Crystal falls or outside? 

Businesses are still falling apart.