What one phrase in this article sets the tone and (conveniently) ignores anyone who has made their wealth in real estate?

(As an aside, I like the colorful phrase "death trap of taxes")

I could see how that kind of indoctrination could limit one's thinking.To clarify, when you say, "so is being a Real Estate Professional," I assume you are referring to the IRS recognition of qualifying real estate professional, rather than to the the public's widely understood meaning of the phrase, correct?  

First - Have a conversation with your CPA to see if will be beneficial. it appears that you are unsure based on the phrase "hoping it would benefit us".

I will end the post with a phrase that, in my opinion, is apt for my experience- “Fool me once, shame on you.

Since you are a seasoned stock investor, then I'm sure you will agree with the following phrase: "Timing the market does not work, but, Time In the market makes all the difference in the world!

As mentioned above you will find this verbiage in your “note” and it’s only 2 sentences.2 Really Important Legal PhrasesThe first really important legal phrase to understand in this clause is “may”.

I believe the phrase is "self-insure".

So for lack of better phrasing, I need to know where the "good" low income areas are.. if any, and where I truly need to avoid going. 

I guess I could have  better phrased my question.