. - Both @Prashanth Mahakali and @Samuel Pavlovcik are the two most active Chicago architects on BiggerPockets. 

It sounds like you’re aiming to offset your W-2 income with potential real estate losses, which can be tricky if you don’t qualify as a Real Estate Professional.To qualify as a Real Estate Professional, you or your spouse need to spend more than 50% of your working hours and at least 750 hours annually on real estate activities.

Though I don’t own property yet, I'm actively seeking my first purchase and eager to dive into real estate investment.

These distressed properties may present opportunities for investors looking for value-add projects.Evaluate Neighborhood Growth:By analyzing permit activity, investors can identify areas with high construction or renovation activity.

Also, where are you located, and do you expect to have any business activity in 2024?

Hello - I listed one unit (my unit) in south loop a month ago- had a ton of activity in August but both the 2 potential tenants who both paid for background checks fell threw!

Whether it's a refinance on a balloon payment coming due or as simple as an active duty military person wanting to house hack their first home.

While passive activity losses (PALs) are allocated to each property, when determining how losses can be applied, the total passive income and losses across your properties are considered as a whole.

@Matt McCurdy Hey Matt, is this group still active?

., C Corp, and an LLC for an active business I bought.