Will update after testing Super Glue in the end groove.

The GP or the deal doesn't pass the sniff test and the smaller less sophisticated investors won't conduct the same level of diligence2.

There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

Therefore, amounts separated for by a cost segregation study would not technically increase the "non-real-estate-property" for the purposes of the 15% test.

If you’re selling your home to a stranger, have a solid contract that has been tested in the courts.

Even if STRs did unlock PAL (and they don't), out of state STRs probably will not work anyway, due to the challenges in meeting "material" participation test for out of state properties.

I'm 💯 with Caleb on this: Test out your flipping plan before you sell your business!

When have you tested your PMC’s processes- Click on whatever links you find on their ads to schedule a showing and start an application to see what happens!

I would visit the property and let them clean it as a test run while you are there.

I just sent them a larger list with a bigger size to test again and if it returns as bad as the first time, I'd be looking for a new company.