This level of confidence is derived from conviction and discipline, and that's how you invest.

I teach college level  algebra and trigonometry to high school seniors at Louisiana School for the Blind. 

The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated! 

Also those levels of requirements are more common on larger commercial loans, I’m hoping to start in the residential space 4 units or less. 

Regarding your question on how do individuals grow a Roth to those levels when they are limited to only $7,000/$8,000 a year. 1) Creative investing strategies.

It takes a lot of time.Do you think a NFL quarterback learns everything over a weekend when they are just getting started, and that is after they had been playing for 8 years at different levels. 

Underwrite a few deals to figure out how much cash flow would be at certain debt levels.

This community is full of knowledge, support, and inspiration for all experience levels.

Discount agents come with different levels of service and you can  figure out what level you need.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.