Sometimes there is only so much you can do to the property to add so as a secondary acquisition goal we'll acquire locations that are key long term locations in strong markets that will have a competitive advantage in different market cycles even if the advantage isnt "pronounced," right at this moment (beach,lifestyle, transportation, education, path of progress, city initiatives for development, and etc areas).The active business, in your case (real estate agent) or lending can fund the investing into the future while you work on freeing yourself.The highest expense most people have is their housing expense so it makes sense to house hack early on in the game for many who have W2 jobs or are sole practitioners/gig workers.

I am a critical care nurse practitioner who understands the potential behind real estate.

I found some webinars in the cpacademy but I want to learn the basic stuff of real estate (I know about depreciation, schedule E when to file 1099 all pretty basic stuff that a normal Tax practitioner with a PTIN and License should know).Do you have any books?

Regardless, you need someone who knows real estate, not a general practitioner.

I've seen it used quite a bit by non-tax practitioners (and even practitioners) at various times as an analogy for non-passive income. 

I am extremely motivated and work 10-14 hours a day in neurosurgery as a nurse practitioner while working on my MBA, business and maintain as a Memeber if the Army Reserves and exercIse daIly.

While buying subject to and creating a wrap mortgage is not illegal onto itself there is a slew of created realities that are imposed onto these transactions by the practitioners.  

The Federation of Exchange Accommodators (FEA), the national trade association for 1031 practitioners like 1031 CORP., and its allies have argued that a temporary expensing regime does not provide an equal benefit, and results in a tax cliff at the end of the five-year period.The use of Section 1031 like-kind exchanges to defer taxes indefinitely, and the possibility to eventually escape taxation, is also mentioned in the explanation.Republicans Set Aggressive Tentative Schedule, Aim for ThanksgivingThe proposed schedule to move the bill through the legislative process, updated this week, is as follows:Week of November 6: Markup in the House Ways & Means Committee.Week of November 13: House Floor consideration of the tax reform bill. / Markup (tentative) in the Senate Finance Committee.November 17 - December 24: Passage of tax reform bill targeted for as early as the Thanksgiving recess (November 17) or as late as Christmas Eve.The goal of the White House and Republican leadership is to have a tax reform bill signed into law within the next 3 to 8 weeks.If the bill is passed into law:December 31, 2017: Deadline to complete sale/acquisition of either relinquished or replacement property, in order to qualify for treatment of Section 1031.January 1, 2018: Modifications to Section 1031 become effective.The legislative schedule is aggressive.

If an 79 individual’s disability or disability-related need is not 80 readily apparent to a housing accommodation, the housing 81 accommodation may request written documentation prepared by a 82 health care practitioner, as defined in s. 456.001, which 83 verifies that the individual has a disability or a disability 84 related need and has been under the practitioner’s care or 85 treatment for such disability or need, and the animal provides 86 support to alleviate one or more identified symptoms or effects 87 of the individual’s disability or disability-related need. 88 b. 

Training of the practitioners in these areas is where you make the correction.