I need your expertise on a matter of real estate inhertitance.

I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.

I pay a real estate agent for listing properties and I handle payments through Rentec Direct app.What is the rate that should be paid for property management (partial PM as described).

@Sean O'Keefe can I get a copy of the real estate professional logbook?

I'm looking to get started in wholesaling commercial real estate.

I am highly motivated to invest in real estate through BRRRR and also creative finance strategies.

@Jade FrankIt’s great that you’re considering combining travel nursing with real estate investing!

Question is how. 

The zoom calls are packed with other wanna be aspiring developers/investors trying to ask him questions.