But getting professional advice will help you navigate any specifics.

And you can not navigate the urban core of Indianapolis if you're not here. 

This is an interesting situation, and one that I almost navigated with my mentor prior to his passing this last year.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

OK GOOGLE, navigate to the nearest ice cream parlor along the route," you say.

I'd encourage you to find a local real estate agent that can help you navigate this and make sure you're not missing anything.

I can look into the assets the notes are attached to, to see if they're in decent shape or even exist if you like...... hope you're able to navigate through this dilemma!

Experience with Multi-State Taxation -  Do they have experience handling income from out-of-state properties and navigating California’s specific tax requirements for LLC members?

Most in BP, from many responses I see do not have to ability to navigate this.

Plus, it had detailed info on how to sign up with each, which is helpful when you are trying to navigate their websites.