I will am currently applying myself in those categories.

Does the answer to 1 apply the same to the property tax deduction?

Remember to clearly communicate your screening criteria to prospective tenants and apply the same screening process to each applicant.  

No security deposit to refund- here in NJ the governor signed a bill allowing the tenant to request that it be applied to past due rent during Covid, which she did and we gladly accepted. 

Like @Nick C. said, no...not unless there are some indicators, like tree roots or cracked concrete....

As @Dave E. said, the best learning begins when you can apply what you've learned through buying that first property.

This would only apply to individuals whose income exceeds $400K (filing single) or $450K (filing jointly)oMy account balance is nowhere near this now; why are we all investing?

One follow up question to the above that I’d pose here as it may be helpful to others as well: Would your sentiment re: not buying a 1BR in PLG also apply to Prospect Park South?

The rules say it doesn't "apply to any real property held primarily for sale".

Many syndications don't pay off the loan, so the tax will apply (yes, the IRA is subject to tax!