Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

I am long but I also do fix and flips actively and consistently.

Since Joe is not a registered lender, Joe is not held to the same standards as a lender and the sale could be a wreckless and poor activity by the bank putting Bob in that situation.

Focus on connecting with investors, flippers, and landlords who are actively buying.

Hello! My name is Jared Smith and I have been involved in various real estate investments since 2006 when we did our first flip in the PNW all on a CC! (not recommended). In 2017 we started our journey with long-term ...

One key tip as you begin is to connect with local investors who are active in the markets you're considering.

Talk to your tax advisor about how to release your passive activity losses based on your situation.This post does not create a CPA-Client relationship.

I would do this first before engaging an agent unless you are extremely active.

Active?

The process is very involved as you'll have to navigate pre-construction activities that involve architectural plans and approval from the city and then the construction activities (Shovel to soil) take anywhere from 5-9 months depending on how much your building.