If they do (personally) you'd better believe they know about all of the tax benefits.If you're above $150K in W2 you can write-off rental losses.

(POST EDITED TO REMOVE YOUR SITE BY ADMIN - YOU ARE NOT ALLOWED TO POST YOUR WEBSITE / BLOG ANYWHERE)Assuming you already have some homes in mind I would suggest partnering with somebody on your first deal so you can have enough for a down payment and at least a good $5k set aside in reserves for any capital expenses or vacancy loss for the first year.  

Many setbacks, challenges, loss of my own money, sleepless nights, uncertainty, confusion, unclear of direction, shiny object syndrome, etc. etc.Depending on where you are on your own real estate investing journey, you might be where I started.I am giving this quick pep talk as I know with determination, grit and a 100% commitment to your specific WHY, wrapped with emotion and action steps, progress and steps forward can be achieved.Now on to this monster of a deal…To sum up this deal and raising private money, and also in my opinion most everything in life, it is all about Relationships.

To determine qualified business income requires a calculation of net business income or loss from each of an individual's passive business activities and active business activities." 

@Josh Pass , You might actually have a loss if you did some improvement on the property and with all the selling expense that you might incur.

Then I share online quick books with my accountant to see the profit and loss statements.

They didn't, so your agent should be fired or help reimburse you for that loss.

I only have umbrella insurance covering losses above $300,000.

Also, you have to remember that you have to materially participate(not actively) in the rentals to treat the losses as non passive.

Hi Experts,When a rental property is acquired on a holding company name but the daily operations run through different operating company...can one take the depreciation or bonus depreciation as ordinary income (loss) as opposed to rental income(loss) for the holding company?