CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.

The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

Which laws specifically are your pain points ? 

Does that operational aspect have to devour all cash-flow, no not necessarily but it could, all depending on situation specifics right. 

Next would be specific to having acquisition interests.

Is it simply that I find the average sales price of a 5 acre tract of land within a specific radius of my property in the year that I inherited it?

If I have specific questions about a transaction I’m doing or something like that, I just ask via email or phone call.

Have you considered specific local market conditions?

I have mostly heard about LTRs specifically in Indiana, Alabama, Texas, Michigan, and Ohio but I am open to hearing anyone's experience anywhere.

To say I am shocked is an understatement.Finally, when I sought out their tax strategy services, I specifically asked in the informational meeting if I wasn't acting a little prematurely, and if I should wait for my partner and I to be married in 2024 before making this investment, i.e. if tax strategizing would pay for itself in 2023 via significant tax refunds.