I am active duty military and plan to use the property for deployments/holidays for my family to stay near relatives until I separate in 4 years, then to use that property as one of several future investment properties.

I have many clients buying the older homes in North Phoenix near the north 101 as they are 20-30 years old, in need of updates, but also are poised for the long term growth from TSMC and other business/economic activity in the area. 

The process can take client's anywhere from one month to two years of active and consistent searching, analysis and dealmaking to acquire the right home.

@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.

One CPA is telling us that we need to file a partnership return for all LLCs and the other CPA is telling us that we can place all properties on our Schedule E and use Schedule C for our property management activities We like the Schedule E and C approach because it's cheaper.

Would love to see an example of some real life qualifying activities and what you're including.

I did notice end of 2024 to be more active and January to continue that streak compared to 2023 and start of 2024.

I am actively learning how to comp properties and would like any tips and/or tricks on how to better comp.

I've been active in the community for many many years.

If one of you actively manages the property, pursuing Real Estate Professional Status (REPS) could unlock full deductions against W-2 income.