Since flipping income is considered active income, it combines with your W2 earnings and can push you into a higher tax bracket, so it's important to set aside funds for both the increase in income tax and self-employment taxes. 

If you want to be active, go out and invest in your own deals.

Active or even passive management of real estate could be cumbersome for many heirs, not skilled in it. 

Who is actively investing (or hopes to) invest in this market?

An official background check and personal referrals can help you identify red flags unrelated to finances, such as poor tenant behavior or previous criminal activity.

We’re actively acquiring properties with interest rates as low as 2-3%, even though current rates are nearly triple that.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Refinance activity is expected to pick up soon.

The REI community here is extremely active.

You must clearly define roles and responsibilities while addressing all the what-if scenarios.