Otherwise ask about reduce tag items..

The good thing is the SEV kind of reflected that although challenging my assessments helped reduce it even more.  

City of Milwaukee just reduced a ton of properties. (  EOY potential reductions )Hopefully their maybe a property or two you could stick inside of your stockingsGood luck with your investings

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Useful perhaps if you have unexpectedly high expenses that year that can help reduce this extra taxable income.Consider this alternate solution: Have an escrow company hold the funds and disburse them monthly/yearly to you according to your lease. 

Paying principal does affect cash flow to you - it reduces the net cash flow you get to put into your pocket.

I have had this problem for a few years and have been 'saving' those tax loss for future year when I sell properties to reduce capital gain instead of 1031.

Usually, I'll sell a note because I have an over concentration of a particular asset type or product type in my portfolio and a regulator or examiner has told me they recommend (or require) that I reduce that concentration in my portfolio.

USAA just performed an on-site inspection of our personal residence as standard procedure for certain new policies and they REDUCED our premium from the original quote/price.  

If your goal is to reduce that self-employment tax to a minimum, an S Corporation is the best entity to use.