Understanding The Income Tax Implications Of Tap Home EquityPrior to the passage of the Tax Cuts and Jobs Act of 2017 interest on up to $100,000 of second mortgage debt via home equity loans or HELOCs was tax deductible no matter how the money was used.

I know advertising, marketing and communications like the back of my hand and I analyze data for a living.I don't have plans to leave my full-time job anytime soon but I'm branching out into new avenues of "passive" income.

It sounds like a small job with little margin for them.3.

I own a triplex and I also work a full time job as a W2 employee. 

I like to watch HGTV and dream about the possibilities. 

Should I start even though I’m going to school full time and working two jobs and try to obtain a rental property?

@Matthew Paul What are your thoughts on a large cost plus 20% job and a request for a end of job bonus because the GC has lower-priced subs so your overall budget is lower than other estimates? 

He has a W-2 job.

Understand your comps, a agent will get you the data but it is your job as an investor to really know what you can sell it for.

Below is more context:- We all have full time jobs and in our early 30's- 2 of us live in New York City and 1 lives in Boston, if that matters- All of us are planning to do equal investment and buy the property in all cash- Our strategy for the first property is to go for cash flow - We are only going to buy one property under this LLC.