As we all know, depreciation on assets such as real estate, restaurant equipment, etc. is a wonderful tax strategy, and one of the many reasons it is beneficial to invest in these asset classes.Now, here's the frustrating part - the underwriters are counting the bonus depreciation as a cash loss against my W-2 income and are saying I don't have enough income for the loan (the W-2 income from my 'day job' is six figures, and the only personal debt I have is my primary residence and a vehicle!!!).  

IRAs and 401ks are investment vehicles and are intended for passive investments, not running businesses.

Self directed IRAs and 401ks can be great investment vehicles, but it is important to know the basic rules that govern them so one can stay out of trouble while growing their retirement funds.

well....I wish that would be nice..lol but, looking to find out about money lending and not really dug into this but my credit is still establishing but, I want to possibly fix and flip a home. Just wanting to know ho...

Then find the best vehicle to take you there. 

You may find it is negative or very low positive which would indicate this is a poor candidate for a rental.You could also take all your real numbers for every cost associated with the property including, debt repayment, repairs, utilities you pay, insurance, taxes, legal, advertising, vehicle costs, etc. since 2011 and divide that number by the 5 years you have rented.

A personal car loan is secured by a motor vehicle, a boat loan  is a consumer loan.

Learning about real estate, I'm sure this is the vehicle that will lead me to that success

Tools, Vehicles, Insurance etc....Your going to carry all that overhead for a couple jobs?

The vehicle you use is going to be dependent on where you want to go and how fast you want to get there.