As a result, I wouldn’t need to show material participation for each property individually, and I could potentially use the losses from these deals to offset other income.Even though I qualify as a real estate professional, it’s important to remember that active participation is still required to use those losses against W-2 income.

Politics definitely effects taxes and the economy.I'm sure relevance will vary by location, individual, type of investing activity and other factors.

There are a TON of online communities as well, and perhaps those groups online have some individuals not too far away from you.Hope this helps!

I speak with individuals that have no planning done at all but they can't wait to tell me about their entity.  

“Kim Lisa Taylor is a nationally recognized real estate securities attorney, speaker and author of the No. 1 Amazon best selling book “How to Legally Raise Private Money" and her newest publication, "How to Raise Capital for Real Estate Legally."

Hi Tyler,I am going to have to agree with some of the individuals above. 

Not sufficient for individuals' identification always, though.

Is the PM an individual that works for a larger organization or their own independent business (eg like a realtor who works with a group of people at an office)? 

You can influence your investment's performance through property improvements, rent adjustments, and savvy management... something you can't quite do with an annuity tied to obscure indexes.An Individual Retirement Account (IRA), particularly a Self-Directed IRA, can be used to invest in real estate and employ leverage to potentially enhance returns.

When attending the various sessions, I learned many individuals started their journey with house hacking.