Hey guys, brand new to real estate, been learning for about the past 2 months.

a house on my street  ( we are in an infill area) its a 70s rancher 1400 sq feet OK shape but nice lot.. just sold for 485k  and they put a renter in it at probably not much more than 2k a month.. the renter for 2 to 2.5k a month can buy one of my brand new 450k homes.. 

@Jill CurranJill, I think you need to go back to your accountant for a deep convo.You're conflating the passive activity loss rules (IRC Sec 469) with the brand new 20% QBI deduction (IRC Sec 199A).Either one of the following is happening:(1) Your accountant is confused by what you're asking is giving you the answer to a question you haven't asked.(2) Your accountant isn't taking the time to explain things clearly and make sure you're both on the same page.(3) Your accountant is lacking in some areas of tax law.A deep and long convo should clear everything up or give you the confidence to switch accountants if your current one can't get you comfortable and explain the passive activity loss rules in layman's terms.

Brand new to bigger pockets and to real estate investing!

I work with some reasonable builders and you can potentially build a brand new house with some equity in it.

There are laws limiting the number of people and bedroom, number of unrelated people, but does not apply in your case.Imagine how ridiculous it sounds, you have a mother and son, a 8 year old no less, it's 2 people, so you have to rent a 2 BR? And

A few clarifications - hoa includes all exterior and building has brand new roof and inspector says it is in really good shape.

My point being is that you'll see a lot of this... brand new construction that comes with rental rate limits tied into income levels. 

I work with a dealer in Calimesa, CA and he's more than happy to set up a brand new home in an existing park, and deal with the showing and selling of the Manufactured home. 

Hi,I am brand new to RE investing.