Failure to meet material participation rules will limit rental losses to offsetting passive income or carrying forward.This post does not create a CPA-Client relationship.

They have always been there when I needed to ask a question or work on a deal for a client.

Keep records of the payment timing to substantiate your reporting if needed.This post does not create a CPA-Client relationship.

I am working with some NJ clients on turnkey investments in the Midwest/midsouth markets currently.

A quote with no cost breakdown can definitely be a red flag—it makes it harder to understand what you’re paying for and leaves room for unexpected costs to pop up.

I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).

Hey John,I work with several different property managers, which I refer to for my clients (I'm an investor friendly agent over here).

I have not yet but I am planning to look into it for a client in the near future.

While your exact cost will depend on your market, I have a GC client in Columbus OH that is building triplexes at just under $200/SF.

@Joshua ChristensenI agree with you that brokers are not experts in zoning, but this broker should have told his client to go to the zoning department to verify.