We have people that apply that we reject because they do not meet the criteria. 

Hi There @Chinelo Ononye - Don't be afraid to keep investing here in the Windy City if it's your home lolWe've got an awesome real estate community here in Chicago and would be happy to connect to see how we can help.Generational wealth is an amazing aspiration and there is no doubt you are the "one" in your family that is going to make that change.  

And your follow-up questions are no exception.If you place it in service in 2024 but do not meet material participation - you can still claim bonus depreciation but it will be locked up and will not be useful as an offset for your W2.

It was mentioned by my insurance agent in the past.  

I'm a big fan of doing that and am house hacking a duplex I bought last year right now. 

It has a boxed entrance typical of old buildings with a latch on it.

How has it been?  

I pride myself on transparency, honesty, hard work, and doing the right things for my tenants to create the best possible experience for them.

The once-iconic retailer Kmart is closing its final full-size mainland store in Bridgehampton, New York, on October 20th.

It's best to consult a tax advisor to confirm if your setup allows for cross-property PAL usage in your specific case.