The first 5 times will be painful and frustrating - watch one of Brandon's or David G's videos on how to run the numbers - you'll become quick after a few dry runs.Just make sure you underwrite the deals against your Goals (ROI %, Cashflow $, potential longterm appreciation, etc), and run the numbers as if you're NOT in the property. 

But if you make a 1.469-9(g) grouping election, you can group your rental activities (self-storage qualifies) and your real estate partnerships together and then you just have to have enough hours to materially participate in the group, so then your K-1 income can qualify.It's not uncommon for tax professionals to not know about how to use REPS and the grouping election to make limited partnership K-1 income non-passive. 

Ags, o&g, water, timber are always going to be the best.

Quote from @Jim G.: Real estate investment is a long game and leverage. 

If you’re looking g for a great QI for the 1031, @Dave Foster is the best in the biz.

Quote from @Maria G.: If the moisture is between window panes, there's not much you can do.

Originally posted by @Raj G.

The on the left side, select "Schedule E Wks" and then check box "G" (other passive exceptions)."

@Neil G., I understand the law is the law, but the law is made to force folks doing much more than raking a yard or replacing a loose step to become a contractor who has insurance etc. 

Originally posted by @Benjamin G.