How is material participation defined?

They are unique in the fact that the development is completely vertically integrated project in which they do everything from manufacturing the building materials to manage your property.

If he is not eligible to claim REP status, is he eligible to claim he materially participates in the deals (even the ones with <5% ownership)?

Better pricing on material?

Under this rule, if your average stay is seven days or less and you materially participate in managing the property, you can treat it as non-passive income and potentially use tax losses (like depreciation) to offset other income.

I understand that rental properties are a long-term investment, but it can be tough to keep pouring money into them without ever seeing any of it in my own pocket.You are 27, which is fantastic, because you have so much time on your side.

Good contractors don't walk off jobs and they can justify their bid with a written estimate showing cost of materials and labor so you can compare it with any other bid.

It’s tough, but being transparent from the start can save a lot of frustration down the line.

That deal is in a fairly tough area, but I think they got it at a good price, and if anyone can make it work, probably Rise48 is a great operator to take that one on.   

Hey Thomas, seasonality may be a factor but you may just need to switch it up with new marketing material as the old may have been seen before.