However, an essential exception emerged in the 1990s, allowing specific rental income to be categorized as non-passive.

.$6,000 for strategizing supposing you have a monthly 30 minute phone call is $500 an hour.If the cost is $10,000, and your tax rate is 35%, they would have to decrease your taxable income by atleast $30,000 for the cost to justify the cost. 

Hello BP, I need to utilize cost segregation to offset my 2023 W2 income. 

Every time my previous homes I've lived in come back on the market, I always go to see them.

As far as a multi, personally if all things were equal I'd go for the multi for a few reasons.  1) Added diversification.. if one tenant doesn't pay, you can still cover property expenses with the other tenants 2) Shared capex... typically, one roof and one property to maintain but multiple streams of income 3) Less vacancy.. usually multi's rent for lower, for example one of mine is the sweet spot of 3 bedrooms for $1300. 

I have rental properties and the property management company direct deposit my rental into my bank account instead of naming the properties by address, she just put the property management company name in the additional income.

Here's the situation:Rental #1 value = ~$122k (according to zillow estimate)mortgage balance = $63kincome = $1050Roth IRA balance = $16kCurrent cash balance and debt to income ratio are likely a no-go to just get another mortgage.Our goal is to generate more passive income.  

But I don't believe those risk apply to me because I plan be an owner occupant, I have a pretty good credit score (720)  and a combine income with my spouse of 70K (no children yet). 

I'm looking to start investing in pueblo Multi family homes for buy and hold rental income. 

I have no background in real estate but a burning desire to generate passive income.