This means meeting the 750-hour rule, the 50% rule, and the material participation rule of 500 hours.

Quote from @Bill B.: Are you assuming they are lying to you?

They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

Have participated in about 6 PadSplit projects over the past year.

Participation trophy culture runs rampant next to abject fragility as a guise to avoid responsibility and ownership.

The property is 8.1 acres and has a two-bedroom, one-bath broken mobile home that is barely livable.

This file of loans is probably not even 1/10 of a percent of whatever the bank has on their balance sheet, i.e. hardly anyone is participating in sub2.

@Silas Melson most turnkey acquisitions barely cashflow and many investors overpay.There is a cost to being passive!

Land flipping near growth corridors or participating in real estate syndications could also offer a lot.

Purchase price: $150,000 Moved mobile home on bare land What made you interested in investing in this type of deal?