It sounds like you’re aiming to offset your W-2 income with potential real estate losses, which can be tricky if you don’t qualify as a Real Estate Professional.To qualify as a Real Estate Professional, you or your spouse need to spend more than 50% of your working hours and at least 750 hours annually on real estate activities.

To be perfectly honest, real estate investing, no matter the strategy, has always seemed like a far off dream despite all of the reading I’ve done.

This will depend on your credit and experience. 

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

As I explained in the offices, real estate investing is not all cupcakes and rainbows, and passive investing can be tricky. 

I have read through Michael Blank's Financial Freedom with Real Estate Investing and am ready to go on to next steps. 

That's where real money and wealth are made! 

@Kristen Dolotina, the % is dependent on your tax bracket.

fantastic way to look at things, I always talk about how small the real estate world really is, and this is another great example.

Hi BP Community,I recently joined after discovering Real Estate Rookie podcast, and my partner and I are looking to invest in real estate in Maryland.