Financing OptionsAnalyze potential properties for house hacking.Assemble a team of professionals, including a real estate agent, mortgage broker, and possibly a property manager.

We should plan to take care of ourselves with our knowledge and assets  and I did.  

Readers are advised to seek professional advice.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

Prop 13 is an under appreciated benefit to Ca RE investors.  

Looking for creative ways or advice on how to go about marketing this property in Carlisle, Kentucky.https://www.prt.realestate/149-Scrubgrass-Creek-RdIt was built originally as a hospital, than was a school and a senior care center.

Don't be a pushover, How to properly vet a tenant, make them pay the house call fees, and do a monthly check and pest control if you manage it yourself to insure the home is being taken care of.

I can answer your questions if you care to DM me. 

Readers are advised to seek professional advice.

As others have mentioned, your income is above $150,000 which doesn't allow you the exception to deduct passive losses.Since you are unable to claim real estate professional status, the losses remain passive and ineligble to offset other forms of income.The good thing is that they get carried forward and eligible to be used in the future when you sell the property or have passive income.