The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated! 

U do not acknowledge your in business to sell these properties you lead people to believe you own them all. ( and again I have no clue how many you may or many not own).3.

Flippers will have to price in these added expenses to maintain their margins, leading to lower offers on distressed properties.

We currently have one rental property that is fully paid off, generating $2,150 per month in income, with expenses around $1,000.

His wife who is in college for a degree that will lead to a great job with great pay when she graduates in June, now has full rent to pay, plus the cost of raising 6 kids by herself. 

Now its just a way to generate more revenue per booking. 

What Im looking for with REI.... is to find financial freedom, to build generational wealth, to bring my family together; my brothers,  my children, and their children into a business Im not only passionate about, but proud of.  

The last house I bought, was brought to me off-market by my agent, and it's seeming that off-market is the only way to get good properties without the MLS prices.I've recently got a nice business card printed up, and would like to start a direct mailer campaign, using BatchLeads to find multifamily properties in the local towns that I wish to invest in.I have a pretty strict criteria about what I'm looking to purchase at this time:-Legal 2-or-more unit large Multifamily (not required to be owner occupied)-Each unit should be at least 3 bedrooms (so if it's a duplex, it needs to be 6+ bedrooms)-Sewer (not septic)-Gas (not oil)A lot of this information is not readily available online, so once I start my mailers, I'm sure I'm going to find people who eventually respond, but that don't have criteria which match what I'm looking for.I feel like it would be a waste if I paid a bunch of money for direct mailers, and then someone reaches out to me to sell, but their house doesn't match the criteria of what I'm looking for -- I don't know anything about wholesaling.What can I do to monetize these leads, or is the answer is that I need to learn So we believe no lead is a bad lead.

Can you afford the downpayment, brrr costs, keep money in the deal and have sufficient reserves for both properties(i.e 2 years of vacancy/lead times, 75-100% of capex, 3-6 months of random ********?

I filed a police report regarding the missing property, but that’s unlikely to lead to a charge and conviction.So, what action do I need to take to help a future landlord or a potential LP uncover these facts in their due diligence?