From what I’ve read wouldn’t that be considered as a real estate trade or business?

The trade off that republicans made were to extend business benefits mainly R&D expensing and bonus depreciation. 

I’m Chimere, I’m new here, and eager to start my sit down plan!

I am planning to invest around $100,000 into my first Buy & Hold house within the next few weeks, ideally a 3-bedroom with at least 1,000 square feet.

We plan on using the VA loan and to buy down points, at least 1 percentage point worth.We’ve considered a house at a lower cost (250-350k), but they generally need some work (kitchen/bathroom renovations).

However, if you plan on using the equity through a cash out refinance to invest in something else, this is another story - you can use leverage do buy more properties and scale you portfolio.

Once you have systems in place and have developed standard operating procedures and a plan for management you will be fine.

Enough for a downpayment on a small multi-unit.I think I understand I can roll this capital to a SDIRA, but for a buy and hold plan I won't get depreciation if property is held in SDIRA.

Thanks for you quick reply. i rally appreciate it .I am planning to amend my 2022 return , and that's why asking this question .

I would personally have a backup plan in place if the notes are called or anything goes south with the Mortgage companies.Feel free to reach out if you want to talk.