So it would help to know the specific numbers and exact property you are considering so we can help you identify what numbers may be input incorrectly. 

As I look ahead to the next 5 to 10 years, I’m at a crossroads and could really use some advice from this knowledgeable community.I have two potential paths I’m considering:1.Continue Focusing on Short-Term Rentals (STR):•My plan is to shift towards mid- to high-end vacation rentals with unique characteristics.

Hello,
My name is Liilt. I joined bigger pockets to meet with like-minded investors and start my career goal of fixing and flipping houses. 

Although, banks have their place, private money is for a specific purpose and a specific type of investor. 

Specifically, that husband and wife could each own their separate primary residence. 

It allows criminal background checks but adds very specific rules to what and how to apply.

I plan to be posting in about 60 days when property is rented out. 

Initially, we plan to invest in lower-risk opportunities such as arbitrage to gain a better understanding of the market.

For educational purposes and future planning, is there a downside to having a large net operating loss carrying over into future years?

As building this house and accumulating land has been something I have always want to be able to pass down in my family, I am worried that to pursue this plan, I will be left with no more real estate assets after this goal is accomplished.