I'm going off the understanding that you still need to spend 500+ hours in the business to achieve material participation (please correct me if I'm wrong). 

- Run a cost segregation study on this property in 2024 and you might have $100k on line 18...Without diving too deep on this post - If you run this scenario as a real estate professional while materially participating in the property, You'll be able to reduce your's and your spouses taxable income that year... 

Lenders will want to see those funds deposited in a bank or other lending institution on one or two monthly statements.

Has anyone participated in this program and if so what is your feedback?

💹*Reminder- The Pearl Development is predicted to create over 11,000 jobs in Mecklenburg County within the next 10 years & will be both a medical education institution and an international headquarters. 

The local economy is anchored by institutions such as the University of New Mexico (UNM), Sandia National Laboratories, and Kirtland Air Force Base.

This allows you to participate from the comfort of your own home while still networking and learning.

Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.

We've helped a handful of investors maximize their investments over the past several years and anticipate a robust demand if/when the tax cuts are re-instituted. 

Local Institutions: We’re curious about schools, community centers, and other amenities that make certain neighborhoods more appealing to tenants.Additionally, we’d love to connect with:Experienced real estate agents who know the market inside and out.We’re eager to learn and truly appreciate any insights, advice, or connections you can share.