I made this mistake recently because I keep my credit locked but forgot to unlock and was shocked when I got a denial... turns out it was my own doing, I temporarily unlocked and they fixed it3.

It's a small step to "unlocking" more real estate and more transaction volume.

The key to unlocking all the knowledge from books and podcasts is people.

But since you are new to BiggerPockets, you must know that you just unlocked an Indiana Jones treasure moment where all of the Columbus agents get an alert from a batphone to immediately drop everything that they are doing and come here, to this forum, to talk about Columbus because you asked about Columbus.

However, this is a difficult qualification to meet, especially if you have a full-time job outside of real estate.Don’t worry if you aren’t able to qualify for REPS status, because there is another strategy that is referred to as a “loophole”, which is the STR strategy.Per Section 1.469-1T(e)(3)(ii)(A): there are six exceptions where your rental property income is not automatically considered to be “rental activity” and thus may unlock the door for being able to offset these losses against your active income.The average customer use is seven days or less.The average customer use is 30 days or less and significant personal services were provided (for example, daily housekeeping).Extraordinary personal services are provided, regardless of the duration of customer use.The rental is incidental to a non-rental activity.The property is available during defined business hours for non-exclusive use by various customers.The property is used in an activity conducted by an S Corporation, partnership or joint venture in which the taxpayer holds an interest.If your property qualifies by meeting one of the exceptions above, the next step is to demonstrate material participation in the rental activity.

These loans are flexible and designed to help investors move quickly on properties that need some TLC before hitting the market.Cash-Out Refinance – If you plan to rent out your current home, a cash-out refi can unlock equity to help fund your down payment on your next property.

If go buy a property for STR, can I then unlock all the PALs from previous years for my LTRs? 

Something like leaving it unlocked or giving out keys to random people. 2.

That way you could unlock the equity quickly and deploy it on your next project.

He'd tried to open it, and it was unlocked, but when he pushed on it the door pushed back.