![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1234738/small_1621510504-avatar-josephk167.jpg?twic=v1/output=image&v=2)
24 September 2024 | 10 replies
You do not need a mentor program, see if you can attend a few meetups and then do a Joint Venture or equity deal with one of the investors there and start from there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
24 September 2024 | 4 replies
Yes, you can file jointly if you or your spouse qualify as a Real Estate Professional (RE Pro) and share the benefits.To qualify as an RE Pro you must:1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1143348/small_1727207369-avatar-alexb247.jpg?twic=v1/output=image&v=2)
25 September 2024 | 14 replies
While not in TN specifically, I have assisted clients do as you have described: live in a property as a principal residence for 2 years, rent it out for 3 years, then sell.Based on the situation described, you would appear to be eligible for the MFJ joint exclusion on principle residence on your 90% share.However, in order to retain that ability, the house will very likely need to be sold (ie, sale closed, not just under contract) by the end of this month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3122542/small_1726948703-avatar-kylef318.jpg?twic=v1/output=image&v=2)
25 September 2024 | 22 replies
I did it by househacking 2 multifamily and joint venturing on about 20 units of commercial multifamily.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2835913/small_1720372385-avatar-dand351.jpg?twic=v1/output=image&v=2)
24 September 2024 | 2 replies
If everyone is truly active, it is now a joint venture and you can have a local real estate attorney form an LLC for you (which is much less expensive).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
24 September 2024 | 2 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate wouldn't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1175703/small_1710010246-avatar-nadirm.jpg?twic=v1/output=image&v=2)
23 September 2024 | 81 replies
If it is roots, joint corrosion, etc we get it chained which has some risk but clears the drain of anything except pipe breakage that would cause a clog.Good luck
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
24 September 2024 | 1 reply
George Washington acquired a significant amount of land this way, and shortly after acquiring such created SYNDICATIONS (he later used JOINT STOCK COMPANIES when they came into existence) to raise the capital needed for development.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2639642/small_1673498684-avatar-tomasn6.jpg?twic=v1/output=image&v=2)
23 September 2024 | 21 replies
Yes most definitely, however each person are able to acheive 10 maximum conventional loans, so if each properties are applied jointly, then you both would only have 10 active loans/properties instead of 20 loans (10 from each person) So you would want to strategize accordingly and see how you can acheive your maximum potentials and have multiple properties with your partner.
28 September 2024 | 19 replies
Then you and sis start looking at the market to find properties that fit your joint goal, and dad looks at his portfolio to find the places he wants to sell to get the funds to arrive at the model.