Here for more education/confidence/and most important mentorship.So i found this deal and i would like some evaluations on the season investors to let me know if this is a good deal.4br 2 br 1,825sq Duplex foreclosure w/ a purchase price of $105kBoth sides newly renovated One side is occupied with montly rent of $1850 and the other side vacant. 

Here for more education/confidence/and most important mentorship.So i found this deal and i would like some evaluations on the season investors to let me know if this is a good deal.4br 2 br 1,825sq Duplex foreclosure w/ a purchase price of $105kBoth sides newly renovated One side is occupied with montly rent of $1850 and the other side vacant.

We are educated but we lack the practical experience, our heads go blank once we try to map out the process and due diligence with hard money lenders and contractors. 

I work in NYC today, and know most towns within those counties have either a bus or train line into NYC.

Also, remember that these suspended losses can use against any other passive income, does not have to be related to this house.I know that you wanted to know if the suspended loss would eat you gain when you sold it, but it always better to plan in such a way to take the rental loss today and offset your ordinary income that is taxed at higher rate today than wanting to suspend the loss and later eat your capital gain from sale of the house.  

@James Dickens I am just getting into multi-family do you have any recommendations on educating myself?

This community is such a supportive resource, and the opportunities for education are rich.

I've been binging webinars, youtube vids, podcasts and these forums and attending networking events in my area to educate myself and meet like minded people that I can learn from, possibly shadow and evenutally/possibly work on a deal with. 

I've been binging webinars, youtube vids, podcasts, reading these forums and attending networking events in my area to educate myself and meet like minded people that I can learn from, possibly shadow and evenutally/possibly work on a deal with.  

I am currently living in Germany and pursuing my master´s degree in engineering.A couple of months ago I have decided to get into real estates and have been educating myself in this area.I have set a timeline for starting my first project, by the summer of 2019, in which I want to execute in the city of Würzburg in Germany.However I am lacking the connections and mentoring needed in this area and was wondering if anyone could give me an advice.Thank you!!