Hello all, I do interior design and I am an active real estate investor.

Is anyone here actively involved in using SB1079 to purchase foreclosed homes?

However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.

Just a word of caution about Metro Detroit, it still has a large portion of its economic activity related to automotive. 

I plan on becoming more active in REI groups both online and locally as well. 

I'm active in the Nashville area as an investor and agent. 

There's a few good meetups here that I'm very active in.

Commissioner, 73 T.C. 766 (1980), specifically confirmed that rental management activities can qualify for the home office deduction, regardless of passive income classification.Key Considerations: 🔑The space must be used ONLY for rental managementNo personal activities or other business uses allowedMust maintain solid documentationActivities should be regular and substantialPro Tips: 💪Consider the simplified method ($5/sq ft, max 300 sq ft)[Rev.

I spoke to them about 1.5 months ago and since then they have been non-responsive that makes them look like not the real deal and I'm wondering if they are still around and active and good?

One challenge was getting the hotel occupancy up after renovation since no one had booked or stayed in years so there was no existing guest base.