Yes that is correct, as long as the spouse fulfills the requirements of 750 hours AND spends more than 50% of working hours, actively involved in the trade or business of real estate.Somehow, I don't think that was the magical tax strategy that this CPA figured out, that was referred to above. 

The lower down payments has historically be an indicator for a greater risk of default and 10% has been that magic number of separation.

If he manages to hit that magic number—living there for 2 years out of 10—then he might not have to pay taxes on the profit up to a certain limit.

They probably don't even realize their return is low, they are just happy to invest passively in real estate, be part of a "deal" and magically make $50,000 after locking up $300,000 for 5 years.

As much as it sucks for owners, PMs, and other tenants, just because we are LL does NOT mean we can suddenly magically control other people's behavior and get them to do something.

You can get a finder's fee to generate some capital you can reinvest in marketing.There is not a magic list to pull since everyone has access to the same data.

I believe there's something truly magical about creating a space from scratch, where every brick laid and every tree planted carries the promise of a new beginning for everyone. 

I'm not a CPA and maybe there is some other magic solution, but in 25 years doing this, I don't know of any.Hope that helps.

This is the only way, join a like-minded group that don't sell trainings & magic strategies, etc. 

I am more in the beginning of the journey I have bought 5 properties in the last 10 months with that "magic" number right now of being at 50.