I've found, in multiple conversations with my CPA, that most people will have a hard time "proving" that they're working the required number of hours in real estate to qualify for REP status.The reasoning being that if you have a full time job that takes 40hrs a week, how many hours a week are you actually able to devote to your "real estate" profession. 

v=oB6iQnyO1c4This is the web address of the discussion with Gary Pickren that John U. referenced.

Meanwhile your peers who own $100K houses in Detroit (no knock on Detroit, just used for illustration purposes) feel the need to create a convoluted web of entities and ignore most of what I shared.

3) How much time do you have to devote to managing, and would this time be better spent elsewhere?

And, like me, please leave all the reviews you can on all the web sites you can find about your experience so that other small investors have this information about Marco Santarelli and Norada Capital Management.  

While I appreciate your love and devotion, comparing me as "God" is maybe a bit much. 

Professional Buying & Selling Web sites + Monthly Hosting was provided under theAgreement and Ms.

I'm keeping a couple free checking business accounts; I'm a self employed web developer so that has its account and then the property investing, the other account.Yeah, fees suck and I had a great blowup with my local bank where they charged me 28 bucks because they couldn't get their deposit dates straight.

Web hosting is about $20/mo and I pay a same fee for the domain name once a year.

over the past 7 years I’ve had dealt with countless of bad contractors, several incidents with occupants of the neighborhood that the property is in ( once I walked in on squatters and got into a physical confrontation) , and of course the relentless pursuit of hungry investors calling me and any family member that tracing programs associates with me about wanting to buy my property all while dealing with a career/industry change and finishing college during a pandemic 😮‍💨.so here I am recent graduate ready to finally devote the majority of my focus to getting over my newbie investor hill.