I am trying to find the most relevant information for our strategy to ensure we get the best joint tax deduction options against MY W2 income.Is the following strategy correct?

Looking forward to staying consistent & closing my first deal in the next 3-6 months.

I followed up with the AC company and they ended up recommending that we go with option 2 (for $7,280).

I am new to posting but have been listening to the podcast for years now.

The total of that number over the year divided by your 5% down payment is your net worth ROI.

I'm particularly passionate about Fix and flips and Airbnb.Outside of real estate, I enjoy spending the valuable moments with family, friends and building fresh water fish tank aquariums as a hobby.Excited to learn and connect with you all!

My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.

Could/Should the 2 LLC's be tenants in common for the new property purchase?

I think the biggest question is why you want to do it, aside from not wanting to waste it.

I'm Michael Koski from Metro Detroit, passionate about real estate investing for the last several years.