@Kristina PearsonThere are many unique tax laws specific to real estate such as the followsSection 121 exclusion1031 ExchangeCost segregation studyQualified Opportunity Fund(QOF)Depreciation/Bonus depreciationIt would be ideal for the person that you are working with to have an understanding of those tax laws.It also depends on how much of your tax profile is tied up with real estate - Do you just have 1 property and plan to maintain that 1 property.

Obviously experience is a bonus, but would an investor without experience be able to get financing?

Bonuses are: near running trails, RV parking, high room count.

It's all a bonus from hear on out.

When I had a full time job passive investing was a spare time “hobby”; something I did for fun and to build my investment income one day to surpass my active income and take it’s place.Let’s first define some income types:Earned Income:This includes wages, salaries, bonuses, and commissions from your job.Tax rates can vary based on your total income and the tax bracketsPassive Income:Passive income includes earnings from activities in which you don’t actively participate, such as rental income, dividends, interest, owning ATMs, etc.

Also, I think I understand that bonus depreciation is not used for IRA tax calculations, and straight line depreciation is used instead.

And you could discretionarily bonus him after sale, if things go well.

There are a lot of bonuses, improved properties, more demand which means higher tax basis, more money for nearby schools, and parks, and community improvements, and an opportunity for people to afford a home - often fairly close to where they cant (in LA at least).

Appreciation on top of that is a bonus!

Bonus points if you are out of state and have MTR in Birmingham.