My wife qualifies as a Real Estate Professional (REP) in 2024, but she did not qualify as a REP last year, and our rental losses were passive in prior years.

Hi Robel-Thank you for sharing you have been experiencing self-doubt and its is making you feel like you will fail in your real estate investing.I appreciate your honesty and making yourself vulnerable with the question. 

Considering the OKC market's rental income potential and the favorable economic and real estate trends in Oklahoma City, it represents a promising investment opportunity for real estate investors seeking stable returns and potential appreciation. 

Looking for a gut check here because my CPA/tax guy is advising against dumping the brokerage account bc taxes, missed upside - but he also admits to not specializing in real estate asset/tax protection strategies.  

Would love to connect with anyone that has a lot of experience with how to navigate these foundation issues and how you succesfully invest in DFW real estate depsite this issue Some people are not phased by the foundation issues, others are. 

@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Quote from @Travis Tamillo: Hello all, Im about to retire from the Navy and am super excited about becoming a Real Estate Agent.

As an Accountant and CFO with two decades of experience in real estate management, I’ve observed that landlords often handle things differently.

Living in a camper van for 3 years while working remotely is impressive — that kind of adaptability definitely carries over to real estate.

I couldn't save enough money for a down payment on my first real estate investment.