And regulations out the ying-yang.

Magi,I bought almost all of mine with bank financing, subject-to, with owner financing, and on lease option.

Well finding private money isn't going to be easy if it was we'd all be rich by now.With that being said first I would suggest getting chummy with a local SEC lawyer to go over regs on SEC laws both state and federal.It's possible you have to be compliant which will cost you up the ying yang but that's the price in keeping squeeky clean because these days messing with securities is very serious.People who have money that might lend you can be:FamilyFriendsDoctorsLawyersAngel InvestorsFunds such as Hedges,Mutual,etcPeople with 401 K'sPeople with IRA'sPeople with Stocks,Bonds,etcPrivate Equity FirmsAnd a few others.

However, I think it begins phasing out around $100k of modified adjusted gross income (MAGI).

If your MAGI is over $150K, you can't take any of this special allowance.

Chheang Yang thanks I appreciate the advice and will look into it Monday morning...

@John Yang Awesome tips.

Regarding passive loss and the MAGI requirements, how do you calculate how much losses you can use if you are within that income range?

Was not aware of the NIIT, but if I understand it our MAGI must exceed $250K for it to come into play.

@Andrew Yang, I’m a building contractor in Fremont and if your interested in costs or an estimate, feel feee to message me.Thanks Zab