The IRS uses material participation tests to determine if you are actively involved in an activity.

Sold to tenant before having to pay capital gains tax (extended occupancy test due to military move).

If you use any of the major mailhouse services, like Yellow Letter HQ (a service I can personally vouch for), they offer a variety of templates and even provide text suggestions.A smart way to analyze this strategy is by observing people in your local market who use mailers and identifying what works or doesn’t work for them.The simplest and most effective way to test this approach is to pull a hyper-targeted list of distressed homeowners and run a small-budget mailer campaign.Hope this helps!

That is not how it works.We adopt something because it is tested, proven, and understood it works, why it worked, to what extent it will work, and in what cases it could not work.This is the reason why we should do something, not because it is popular. 

.- NOTE: FB Marketplace is difficult due to their strict policies (they really do NOT want PMCs advertising there)Test the PMC PROCESSES!

If you were to read through the Chapter 3 Building Planning in IRC you would get a pretty good idea of many of the basic requirements.The best way to learn this quickly would be to take a general contractor test prep course. 

Nothing crazy, but a good starting point for me to test things out and see how it goes 

I personally recommend doing a small project together first to test the waters. 💡4️⃣ General Tips: If you're partnering out of state, legal agreements are a must.

Material participation requires meeting certain tests, such as spending 100 hours or more on the activity and participating more than anyone else.

Anybody can call themselves a General Contractor with no testing.Some municipalities have specific licenses which require little to no testing.