Have a wholesale and flipping process more firmly established (albeit still low-key) in order to keep a cash-generating engine in place.

One of the issues I would certainly discuss with my clients who pursue REP/K-1 and cannot meet one of the 3 LP tests, is the fact that the IRS ATG takes a very firm stance that LLC=LP for 469 purposes:"Since each member of an LLC has limited liability, investors are analogous tolimited partners under IRC § 469.

I work full time as a VP at an institutional asset management firm and work probably 50+ hours a week, commute 3 hours a day and travel 25-30% for my job.

I can refer you to his law / accounting firm, if you like.

She is in the final year of her ministry program but also is a full time remote worker for an accounting firm in her home country of Colombia.

I recommend you never sell a property unless you have a firm plan to invest the money in something that produces a better return or moves you closer to your goals.

I would say research is a lot easier when you are looking to confirm an answer rather than find one.How I determined that the info provided by a “random” is true:The gentleman that answered my question seems to be a CPA with his own firm and 25 years of experience (unless this is an elaborate hoax with no apparent end game). 

I worked with an agent and then joined her firm.

You'll want to enlist a CPA who specializes in real estate, trusts, & flow-through entities (this is a somewhat rare combination to find in a small/single-member firm, you may want to look at a larger regional firm to assist you if you can't find anyone who suits you at the smaller level).

Hello Matan, I am with a property management firm that is nation wide operating in 30 different states and 60+ different markets.