Things in your tax filing need to be really off to do this.Being a REP/active participant and using cost seg to offset a spouses (or your own if that's all you do) W-2 wages is fairly common practice.

Yes, you will have to file the partnership tax return.

I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

You are so right about analysis paralysis 😁Not too concerned about mechanics though I would like to learn more about how to best use CRMs (specifically freedomsoft), but also would like to learn specifics regarding forming LLC structures and tax strategies 🤔

Tax Savings:While it’s true that the stock market has been strong, real estate offers unique tax advantages that aren’t available with other asset classes.

I want to take advantage of growth if possible, but also want to minimize taxes and fees (penalties).

3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)

I do like the tax benefits and leverage.

High taxes.

Your problem will be them incurring capital gains taxes simply so you can get a commission.