While these losses won’t immediately offset W2 income without REPS, they can be carried forward to offset future rental income or capital gains when you sell the property, lowering your tax burden long-term.This post does not create a CPA-Client relationship.

I agree with Afra at that price point it's best to start with flips that have $15K - $30K rehab budget to gain some experience and get a good team in place and then work your way up to larger rehabs with higher ARVs!

If you can hold off for 2-3 years to save more and build a solid emergency fund, it may give you greater financial flexibility when you’re ready to buy.If buying now feels too risky, consider renting for a while to gain privacy without the long-term commitment of a mortgage.

This offsets your mortgage and builds equity while you gain experience with lower risk.Real Estate Investment Trusts (REITs): REITs let you invest in real estate without directly managing property.

The account fees are minimal compared to the potential gain with most syndication offerings. 

The market appreciates 3% per year.If you pay cash for one house and rent it for $1,500, after five years, you'll have earned $90,000 in rent income and gained $34,000 in appreciation. 

Are you looking to invest in real estate to gain passive income or are you wanting to buy a real estate business and be in charge of operations? 

They don't care about the cash-flow, The write-off's are profitable and there looking at the out-sized equitable gains. 

Selling an investment property can result in significant capital gains taxes.

The key is going to be showing the long term gains, since they won't see any returns for 1-2 years.