Losses, including carried forward from RE (tax form 8582) can be used to significantly offset roth conversions in early retirement if you keep income under the threshold. 

Make sure to reach out to one by email as we are not allow to self promote. 

Hello, Hope everyone has had a great day I wanted to take some time to introduce my self as I am a new member to the community and excited to get started in my real-estate journey.

In the section for rentals in TurboTax, there is a checkbox if it was the first year for a rental, including the number of days it was rented.  

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

To minimize audit risk, it’s advisable to choose “Other interest” instead of “Mortgage interest” when reporting.Part 2: Forms 1099-INT from Investors to Private LendersForms 1099-INT Explained: Similar to the interest earned on savings accounts, Form 1099-INT outlines the interest that must be included in taxable income.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

I own and self-manage a property that recently had two drip valves break causing excessive water usage for January, February and March.

If you are self managing you might take a rapport approach with the most responsible resident or one you have best relationship with.  

Message to self: Desmond has a temper and a shotgun.