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 won'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.It's an incredibly powerful benefit if you do meet the criteria.

Excited to learn while I earn.

Don’t forget, you get all the appreciation without paying taxes while it’s earned.

If you are a REP, then it will deduct from active earnings.

He was very successful and wealthy before he started making videos and created a course.Does his course teach you to build a successful business or work hard at a W-2, earn a boatload of money, and then learn for free through a mentor like he did?

Instead of their cash sitting in a savings account, they decided it would be a better investment to earn 3% on their money instead of .03% in the bank.

Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.

But if I sell it and put that money in the stock market and earn let’s say 8% I would make $40,000 on the same money.  

. $130k your earnings are the long run are far different. 

I am proficient in investing and confident in earning 7-10% returns in the market over the next decade or two.