This is ideal for investors with multiple properties or self-employed individuals, as it allows them to qualify based on the cash flow of the asset rather than personal tax returns or W-2s.2.

This is a common question among real estate owners.Let's dive in:The reality is that wealthy families often pass on real estate assets from generation to generation.For example, if one generation has an RE entrepreneur who amasses $50 million worth of real estate, that portfolio can generate enough cash flow to support multiple future generations comfortably when passed on.So, what happens if that initial investor built their empire by rapidly depreciating assets and using 1031 exchanges to lower the basis and defer taxes along the way?

There are 7 material participation tests, the most common of which are at least 500 hours in the activity, or at least 100 which is more than anyone else.You are correct that if one of you meets the REPS thresholds for 2024, and you make the said election, it does NOT free up any passive activity losses from prior years. 

You have to split the common expenses in 2 - mortgage, taxes, insurance, landscaping, etc.

It keeps the industry employed. 2.

Hello, Depending on the deal and your FICO, some hard money lenders will lend you up to 90% of the purchase price + 100% of the rehab, but more commonly, 80/100.

A 3/2 is going to be less commonly desired by health professionals and you could look into insurance placement companies.  

Hi @Jessica Fish are these 401k accounts with your current employer?

Network with investors, avoid common pitfalls, and refine your numbers.Good luck!

I’m going to go ahead and recommend a few resources & folks who have been very informative in understanding this volatile asset.The Investors Podcast does a weekly Bitcoin-based podcast that I really recommend, this particular episode is pretty academic on the common misconceptions of BTC:https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?