If they are simply joint owners of real estate through a partnership, his w-2 hours would not help for REPS status, they would hinder as TP would need to work more hours managing their personal rental properties than working at the w-2 job and meet 750 hours managing them as well. 

I’ve worked with a few contractors on deck projects who might be able to come out to Lorain, so let me know if you need any recommendations or assistance!

How's that working out? 

I know all the second home loan requirements so no need to hash that out here.

LO's who are not experienced in general or maybe who just do not work with self employed very often can make the experience much worse then it needs to be.

In short I want to know ways that you have made deals like this work and/or any creative solutions for keeping a tenant in place. 

Option 1a COULD be ok, but only if you can spend that $20k and add more than $20k in equity prior to sale which is no certainty when you're starting with a rent ready property.

Hey Jimmy I work as a mortgage broker in AZ.

That's not going to stop me, I'm currently building a team over in Birmingham to get my portfolio started, but I wanted to get some advice about how the out of state buying process normally works.

I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from another rental property. can I do a cost segregation to offset my tax bill incurring from the Ira withdrawal for 2024?