Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.

do any body know how or inside information about make money with tax deeds sale excess proceeds I need the inside information 

I'm self employed and not showing much income on my taxes.

The tricky part of illinois can be the property taxes. 

You will also have a credit on statement for pro-rated taxes due to buyer.  

@Wiey Underwood Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

I'm trying to look for a course on how to better understand valuations and also tax liens in different states, so as to form better & tax efficient structures under which to invest in different states. 

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

Good excuse for a vacation with a tax deduction.  

Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.