The three tests outlined above are applied annually, so you may qualify as a real estate professional in one year and not in other tax years.It is also very important to document material participation.To meet the requirements of real estate professional status, it’s essential to keep detailed records of activities and time spent working on the properties so you can verify your real estate professional status in the event the IRS decides to audit your return.For example, you may keep a contemporaneous appointment book, calendar, or narrative summary of the time spent performing real estate activities.

Take the early retirement social media stuff with a grain of salt.

Are they using social media?

We spent the next two years hiring an architect to help us with the rezoning process and finally embarked on getting it zoned commercial changing the occupancy status from R-3 to B, S-1.

He recommended Ohio Cashflow as a business who had a 100% positive review status, and which was run by a fellow Aussie.

Although I am currently inactive status on NMLS. 

Reputable contractors will likely have some sort of social media presence where you can parse through some of their previous projects and work. 

I now have to fight for a change to my status as a disabled vet to get the only benefit I'm not getting.  . 

Although if you are investing for at least a decent time frame (~5 years) then having a prepayment penalty on a DSCR Loan for the property is going to be very competitive rate and terms wise with a 2nd home loan anyway - I would say the "full two points" is a little exagerratedhttps://x.com/Wildlaw406/status/1689395078589276160

Like all efficient people, she has a very helpful and good disposition, but do not forget that she will not work for you, but for the Groves.Phil rarely socializes with anybody at those events, and he is the kind of guy who will not look at you straight in the eye (not surprising, since he must be aware that his program has probably a 95% failure rate) and if you have not paid the full apprentice program, we will not even take 5 minutes of his time to talk to you.