From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.

Hi @Suhaib Rehman,I don't believe John has been active on BiggerPockets for some time now, but the Cape Coral market, and a few others surrounding, are certainly still feasible for investment purchases depending on your strategy and investment parameters.

She’s been advised to move her $35k 401k into real estate investing, and she wants to move closer to me.Potential Investment PropertyI’ve been actively seeking investment properties and have built a relationship with an experienced broker.

Every time mortgage rates drop, we see significant increase in Buyer activity.

Are there specific areas in Texas where you're noticing bigger shifts in prices or market activity?

Some land flippers will buy unwanted and neglected parcels of raw land for a bargain and then improve them by clearing the land or even leveling it before selling it on.Most land flippers are making money by actively seeking and marketing their land flip projects.

This approach helps mitigate risk, especially in a fluctuating market, by allowing you to weather potential downturns.Your strategy of going long on USD and short on AUD is intriguing, and it's smart to consider how the currency exchange dynamics will affect your investments.Regarding the Austin market, there has been notable activity in the lower end and affordable housing segments, with many buyers entering the market as they look for opportunities.

Many sites do syndicate MLS data, but it's much more robust for active listings and a large fail for closed statistics.

I'm familiar with a few areas more east that perform very well and there are some active vacation rentals with healthy income records on the market there as well.

If you materially participate and rent for 7 days or less, and don't use it personally, this will be a non-passive activity and losses can be written against active income.