If this STR business is viable, or if there are better options for shielding W2 and rental income, I am funded and ready to roll.

It depends on your income / DTI and also what kind of loan you are going for.

Its not really a "tax break" - but one of the advantages of a cash-out refinance is that the cash-out is technically a new loan, not income, so its not subject to any income tax. 

The loan would be based off of the cash flow or return on investment of the property itself instead of your personal income.

We absolutely need this investment to become an income stream for us.

I have been able to save 5-20% more of my income per month than I normally do (depending on the country), and Argentina is the cheapest country we've been to yet! 

I'm a former CA resident and moved to Nevada (Lake Tahoe / Reno) because the housing is less expensive, no income tax, landlord friendly, and one of the lowest property taxes in the country. 

They are not disclosing proof of income.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Would love to hear and learn from anyone within the BP family who has successfully executed a tax-loss harvesting STR play and continues to do so every year to offset W2/1099 incomes.