The following year would be considered passive, so even if you materially participated, it would still be passive the following year and you cannot offset your W2.Is this accurate? 

Be mindful when you do the cost segregation study, the basis will be based on the carryover basis factoring in the deferred gain via 1031 exchange.

You have gained experience, credibility, and equity to go after the next deal or potentially a commercial property (5+ units).

BP family, I am a new investor in the Grand Forks North Dakota area and am wondering what type of rates to expect and or offer when looking to gain Private money.  

Once these mortgages are paid off and/or generating more cash flow, we intend to use them as passive income for retirement and retain the option to access the equity for emergencies. 

I've also have a substantial network of people who might be interest investing with us on the passive side.So that's a bit about myself. 

Hey all, I have 2 stupid q's:1) I need to put aside $ from a flip we recently sold for capital gains. 

With various data sources to back me up, many say Chicago could gain even more climate-migrants and the likes from each west/east coast who're facing extreme weather events at unprecedented rates (I lost my home in 2007 in San Diego due to a wildfire, and know many others like me).

I'm not sure that's truly the definition of a "boomtown"Texas, on the other hand , is gaining businesses that employ people.

Not to mention, you'll gain valuable experience in property management, renovations, project management, etc.