@Michael Doherty and @Mike Auerbach and @Ellen Steele Don't forget the additional tax benefits available with cost segregation on the new basis as well as 179D.

Portfolio = Income derived from financial instruments like dividends (including REITs), interest, royalties, and capital gains.Mostly income w/out loss potential, and favorable tax rates.Cap losses may offset cap gains w up to $3,000 loss.

Investors can always benefit from working with someone who knows how to align opportunities with specific strategies.Are there particular types of properties or investment strategies you’ve seen gaining traction in the Seattle area lately?

Aloha Aaron, Congrats on utilizing your VA home loan benefit.

However, planes of that era couldn’t stay aloft on one engine for long, doubling the risk of crashing into the Atlantic Ocean without any added benefit.

And you should never create entities without having a clear business plan of how such an entity would benefit you.

This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.

Your not getting any STR properties via arbitrage your just managing someone else's property and the owner is getting most of the benefit. 

If you would classify this as more of a hobby which most people won't the first year, then the losses won't benefit you.

I could certainly see the benefit of using them as a correspondent to take you out of deals..