Also, it can avoid filing an amendment.Another great point on eligibility- SEP IRAs require net self-employment income from activities like 1099 contract work, real estate sales, wholesaling, or other self-employment business income.Passive income as you have highlighted, does not qualify. 

Hello,
Little background I’ve been buying and selling since for 15 years. Spent a couple years as an LO. Been looking to expand resources from just wholesellers. After speaking with some agents I’m a little confused....

Contrators suck and you have to stay on them every day Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

There are no other Chargers.As for real estate, I'm a partner with SunnyNest Homes, LLC.

. :) Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Ooops Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

so you're recommending that my starting point should be finding a real estate agent, utilize theirbknowledge to learn about the process, and get referrals for good loan officers.

@Zack Whiting Id change your mindset of real estate investing being a hobby and making it a more serious part of your life.

(Unless something has changed in the 5 years since I turned my real estate licenses in!)

@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.