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

Changing Preferences for People’s Desire to Live in the Metro AreaThis is likely due to the newfound appreciation for these types of community and experiential activities from the inability to access them during the Pandemic, as well as the lack of need to be near transactional retail stores with consumers now being accustomed to doing a lot of their shopping online.

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

One of the best ways to engage with the community is to remain active in these forums (reading & contributing).Setting up keyword alerts is a great way to get started.All the best!

What's the process of getting retro-active permits on work like this?

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. 

Is this post even active anymore, 7 years old?

I am actively looking to remodel or build a 8 to 10 RAL in the Houston area.

Quote from @Garrett Brown: Hey @Josh Ball , this is basically what I do on the most successful properties I have ever had. www.cameronranchglamping.com It mainly depends on a few things.How close are you to a metro hub/ activities?

Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?