I’m not really sure about getting a house first because I don’t have that much of an income

Then the lender will generally count 75% of the rental income towards your qualifications.2.

Hi Alex,As for conventional cash out refinance, assuming you will use full documented programs, your rates and terms will be largely dependent on your credit, income, DTI and equity.

The group the will be hurt the most is buyers, especially low income buyers.

When home prices go up, so do ARVs and gross profits.

So, the profits (generically, sales price minus cost basis or prucahse price) are taxed as ordinary income also subject to self employment tax.Sale of an investment property, i.e. one that was rented, is considered capital gains.It is your intent of the property that signifies which taxation applies. 

Have higher rents and higher income tenants .

@Amy Hu I am in the same boat as you, no passive losses because my income is too high. 

Ive got about 45 days of PTO/Sick/Vacation that is taken for the year so I work approximately 1650 hours a year at that job assuming a 40 hour work week.I am also a licensed Real Estate agent with 2 separate LLCs - General Brokerage and Property Management.Between the two LLCs, I've grossed pretty close to my W2 income.

Quote from @Robert Rixer:  Have you heard of the installment method of income tax accounting.?