It breaks the IRS rules and constitutes mortgage fraud.So, the tax-reduction game is to have rental properties that cash flow and then have enough depreciation deduction to erase all the cash flow and create deductible losses.

Wes, I did hear horror stories about beginners getting into the game, so I'm definitely trying to tread lightly and make good decisions, I do feel the homes in PA will be a long shot if I don't have any money to put down so thats probably out of the question right now. 

If you want to check it out look at what is for rent online. check rentometer.

My name is Angie and I am learning as much as possible before I step out into the game of REI.

The online AirBnB websites are required to send the city listings of all properties registered on their Website.

Tenants apply online, are screened online, and better yet pay rent online. 

The mortgage on it is an owner interest rate verse an investor interest rate so you are already ahead of the game on that. 

I showed them I wasn't walking into their office asking basic questions, I could find answers online. 

And does this option fit in or conflict with your personal end game?

I’ve researched the no money down game a lot but I wanted some expert opinions on what I should have them do.