I usually update it on www.meetup.com/fwbrealestateThere is also a great reia that I attend called the Professional Investors Guild www.meetup.com/destinpigLooking forward to meeting you at one of them.

However, it's in your unit and I have professionals telling me it wasnt an accident.

I did the professional thing and did not laugh out loud. 

As always talk to your tax professional but that's what entity most investors use. 

Everyone has their own preferences, for both REI and Cars, but they are based on their own sets of criteria, limitations, and strengths...which you have not stated here...yet.

Here goes… If you are not a Real Estate professional, and your high income is from a different field, you cannot deduct “Passive Income” Losses.

@Basit Siddiqi  I did buy in Dec 2017 and I guess you can call me a real estate professional since I have no other source of income. 

A lot of professionals will settle close in with a good elementary school or private school nearby.

Even if I enter at the HIGH level, my initial investment is only 10%, that a pretty good ROI, I think.Tiger Woods or any professional has a good coaching system behind them.Thanks again Danny, Brian!

Does that professional landlord status occur if the homes are owned by LLCs and not me?