Wait until you get your property tax bills for the next few years....

Your lender did you a disservice in telling you to pay that huge amount in points when rates are so high.I do not think you could switch up the deduction in later years, you would have to amend all the prior returns. 

Sounds like its a $4k tax planning fee and then they do your taxes as well for an additional fee. 

Biggerpockets could implement AI to check EVERY website at once for data which will make numbers more accurate and make investing faster.5: What about tax savings real estate has tax advantages, BiggerPockets could implement a system that shows you step by step how to save money on taxes.

I would talk to a lender, they look at your Schedule E section of your tax returns and add back depreciation, so basically, as long as that number is greater than the mortgage, your property will be a net zero on your debt to income ratio or it will be at a positive best case and small negative worst case, so you only have to really qualify for the next property. 

Don't miss the traffic, the taxes, the overbearing politics and government.As for lease options, I started investing with this niche about 30 years ago and I still use various lease option strategies today. 

With individual LLC's you can handle your taxes on your own. 

I want to further expand my knowledge because I dont understand much of real estate terms, taxes, and everything in between. 

My tenants are asking for my personal address for their taxes...I have only 1 property and am very new to being a landlard.

Maybe we can learn something from each other.One thing I am learning/going through right now is taxes and what comes with that.