I'm thinking about getting back into the game but putting my primary focus on new home building, and fix/flip renovations.

Check with a CPA or attorney to confirm if it’s worth moving the title.If you convert the property into a condo regime and sell only part of it, your tax situation gets more complex.

At least we know with 10 or so people using the account, all the credits will get used monthly. 

Hi Steve, while you don't necessarily need financing to have a good investment in Mexico, it's nowadays much easier to get financing there and I can help you getting it so feel free to reach out if needed.

Read Landlording on Autopilot by Mike Butler to get started.

I wanted to get some insight from others on if this is true since I can't find a good answer on the IRS website, and if it is true why does anyone want to gain real estate professional status?

I think you should start by getting the financials and condo docs together.

I don’t have a ton of experience, 4 units right now and actively looking for more however I would be willing to try and host something if we can get some traction to get some networking going.

Go look at how much they sell for...Read below our copy & paste advice for what investors often get wrong when they start looking at cheaper investments:)------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

Purchased in 2020 with a conventional loan, 20% down to get a 3.5% interest rate for 15yrs. 1 year later I refinanced for 30 years at 2.875%, took my equity out and now it's renting for $1400/month.