@Edward StephensI have also been advised in the past that passive losses cannot reduce active gains.

90% of the population (I made up that number) shouldn’t own their own business, shouldn’t be active investors, and shouldn’t have bottom line responsibility; it’s just not in their DNA.  

If you’re still active around these parts, I’d love to get in touch.

Would need to dig deeper to understand if its passive or active 

What they allowed us to do was have a lease signed on the property for the 10 acres of corn with the local farmer that planted the corn and after the corn was picked, all farming activities on the property would be stopped and no farming would be allowed to continue. 

I am new to (actively) using BP, and I am looking for someone in the Charlotte area who could use some assistance in their real estate investing to in return help mentor a newbie (me), as I hope to start learning more in a hands-on way!

When flipping however, if you do more than one or two per year it is likely that the flipping activity will be considered an active business and incomes and gains from that would be subject to Unrelated Business Income Tax.

I already lost enough money from Class C properties but I get to write those off on my taxes  - I have so many passive activity losses which will be carried forward.

Also if you don't know, there is a relatively new and expanding Navy base near by, increasing active duty military demand for housing.

Would someone actively be reinstating it or is there a multi step removal process and we are not actually getting through the entire process because we are only talking to the folks involved in the first step(s).Are there any keywords you can mention to the support staff to try to get someone more helpful or do you just keep calling until someone knows what they are doing?