Examples are mobile home parks, RV parks, and golf courses where the value of the property is not primarily derived from building(s) but rather from the improvements to the land.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

I have a team of trusted professionals ready to assist you wherever you may be.I'm incredibly passionate about helping individuals like yourselves embark on their investment journey, and I'm dedicated to making the process as seamless and rewarding as possible.

Our team can also send a mobile notary to make the closing process super simple if you aren't in town.

You will want a dedicated STR policy which goes farther in protecting your asset and yourself.

This weekend, I'm dedicating 15 hours to complete the necessary requirements.

I'd take another 200K and just dedicate to my own fix and flips here in Indy.I'm a car guy and I'd take 100K and dedicate it to flipping old muscle cars which I have a history of.I'd take another 100K and put it some deals as a LP.Then us the reserves as needed

And their idea of unlimited free "virtual" accounts means I could finally have a unique bank account for each property, plus easily manage security deposits in their own dedicated accounts.

I'm particularly interested in mobile home park investing.