As a result, I wouldn’t need to show material participation for each property individually, and I could potentially use the losses from these deals to offset other income.Even though I qualify as a real estate professional, it’s important to remember that active participation is still required to use those losses against W-2 income.

There are a TON of online communities as well, and perhaps those groups online have some individuals not too far away from you.Hope this helps!

I speak with individuals that have no planning done at all but they can't wait to tell me about their entity.  

It's up to the individual accredited investor to perform research and make an informed decision.   

Is the PM an individual that works for a larger organization or their own independent business (eg like a realtor who works with a group of people at an office)? 

It’s up to individuals though, to get serious and learn things properly.

Hi Tyler,I am going to have to agree with some of the individuals above. 

Not sufficient for individuals' identification always, though.

When attending the various sessions, I learned many individuals started their journey with house hacking.

While I agree with what Noah shared about the individual with millions in the bank being able to make the $10K risky investment without a poor outcome impacting them, the capital raisers are not going to the investors with millions in the bank.