IRS pub 425 says, "Passive activities include trade or business activities in which you don't materially participate.

His book is next on my list; just looking for ways to actively do something (and to your point, relevant to the market I’m looking at).

The alternative I see as a work around but full disclosure I am not a lawyer is giving tenants notice to vacate and then listing the property with no active tenants or have tenants sign off that they are not interested in buying the building and list right away. 99% of tenants are not capable of being buyers so who knows how often this ordinance will actually be used.

"A phantom steps into the fray,Assuming roles before the day.Contracts altered by unseen hand,Transferring rights as if we planned.An eerie change without a clue,What silent act do I pursue?"

It's a very active state for us.

The setting in which the experience was gained plays a role in determining what constitutes a qualified and responsible person and what types of experience documentation may be acceptable.It goes on to list pretty much anybody related to construction fields, including homeowners you perform work for.

You can use any reasonable method to prove your participation in an activity for the year.

As Election Day nears, many individuals halt their major financial activities because they feel the uncertainty of the election results may have adverse effects if they act now.

After a rewarding 20-year career as a Section 8 supervisor, I’ve transitioned into a new role that I’m passionate about.

I'm planning to actively pursue my first investment property in January and am interested in a BRRRR strategy.