Quote from @Chris Kersey: Hey @Alex Woolums, Welcome back to TX.

I buy back my time in this way.

The time back will free up more time to increase your active income, or acquisition of more rentals to get you more cashflow (passively or actively).

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

I’m also a big believer in giving back, so I hope to contribute to this community as well.Looking forward to learning and connecting with you all!

Without being able to make money as an agent remotely, the only other viable option I see is just go back into cybersecurity with a W2, and invest on the side.

Which means you look back at Section 469(c)(1) which says this, "(c)Passive activity definedFor purposes of this section—(1)In generalThe term “passive activity” means any activity—(A)which involves the conduct of any trade or business, and(B)in which the taxpayer does not materially participate."

I have a graduate accounting degree and I was very aggressive at work at the beginning of my career and it has paid off but looking back and being honest with my self, I have spent 10 years building this career and I can't wait to leave it lol and if I had started investing and working on my passion full time or more seriously even 5 years ago I would be a much better spot than I am now.

In which case, youre probably not getting your EMD back.

Fred, something to look out for is if this depreciation clock resets with the new administration in office. 2025 it went to 40% but the benefit would obviously be much higher if it goes back up to 100%.