Networking OpportunitiesOnce you obtain a real estate license, it will allow you to access professional industry events and meet other licensed individuals.

Reason : the additional 20% or $80,000 is better spent towards down for another property (provided of course I can afford twice the negative cash flow) because the annual appreciation @ 5% (which is likely in Florida) will be greater than the negative cash flow per year. 

Don't rent to or make special accommodations for family members, especially when you don't trust them in the first place.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status.

Only 3 cases exist that I know of of individuals successfully defending themselves before the tax court of qualifying for real estate professional status while having a full time job.  

Of course, you get title insurance NO IF ANDS OR BUTTS, 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Travel nurse demand is down quite a bit so I wouldn't just count on housing traveling medical professionals. 

However, ensure you conduct thorough research on the Indiana market, including economic drivers, rental demand, and property management options.Consult with Professionals: Given the complexities of 1031 exchanges, out-of-state investing, and retirement planning, it might be beneficial to consult with a financial advisor, tax professional, and real estate expert who can provide personalized advice based on your specific situation.Retirement Income Planning: Consider how this investment aligns with your overall retirement income plan.