New member looking for tax advice on first RE deal.Looking to offset taxable income of my current business income while investing in a rental property.

I bought my first property at 18.  

My only roadblock is there is a deed restriction that states "No use of said property pursuant to rental agreement (oral, written, or otherwise) or other landlord - tenant relationship.

Recently, I have shifted my focus towards identifying property flipping opportunities in smaller markets in the SE, and I am enthusiastic about the prospect of forging new professional relationships and connections.

All of my properties are being managed by a property manager and it seems that I will get my owner draw one month AFTER the rent is paid. 

I keep portable AC units for tenants to borrow, so are using one of those to cool the bedroom.I have at least 20 trees down at one property with land and they missed the house but landed on my storage building. 

If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption?

Find a property that the seller is willing to finance for you, take a mortgage over subject to, find some investors willing to put the money up on a great deal.I am confidant that you will figure it out. 

I've looked at airdna and the VBRO revenue calculator but will check the other sites.I have another question re financing...let me know if there's another group to post in.

When thinking about depreciation it's not about when you buy the property, it is when you "put it into service."