Won't be really actively looking until late March or April. 

Become active.

This TDR is a new program that has been in development for 30 years and should ignite into an active free market for credits this coming July 15.

It gives them a reinvestment option to complete the exchange and doesn't require active management.

Seems to me cohesive set of laws and rules regarding this activity would benefit  both the public and those that want to engage in the activity.  

Because I'm here, active in the market and I do NOT want every fool rushing in and ruining it for me and my clients.    

Of course there is nothing magical about a "syndication", it can be as good or bad as an investment in any other real estate activity.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

We've found it's more capable than others when it comes to integrations, reporting capabilities, and efficiencies.The software you've mentioned will be better for the PM activities (property-specific transactions) than keeping up with your financials as a whole. 

That being said, the only thing that being a QREP does is allow you to take losses against active income.