We are currently experiencing another downward push on rental prices (we are continuing to reduce rents), an increase in vacancies, and an increase in time to fill units.

However, capital losses cannot directly offset rental income, though they can reduce up to $3,000 of ordinary income annually and carry forward.

This can reduce your financial burden and spread risk.3.

-Tax Reduction [no longer available for new investments] - Furthermore, the taxes on those capital gains may be reduced if the Opportunity Zone investment is held for at least 5 years — and even further reduced if held at least 7 years.

Maybe paying off credit card debt or other debt on your report to reduce the minimum payments, increasing the downpayment, finding a house that doesnt require HOA or flood insurance (if applicable), etc.

The ability to use leverage and reduce taxes in your highest earning years without having to put money into qualified retirement accounts is a great way to build wealth.So - If you own an STR:1.

Renovation costs are capitalized and added to the property’s basis, reducing taxable profit (sale price minus adjusted basis and selling expenses).

Declining Interest Rates: When market interest rates drop, refinancing can reduce monthly payments, thus improving cash flow and enhancing the DSCR.3.

Had horrible luck making good money without too much time and labor involved. 

This reduces vacancy risk and helps maintain cash flow while you learn the ropes of being a landlord.