While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

A Google or Facebook search might yield some good resources.I will post in the BP classifieds about this project to see if that helps.

The large scale BRRR can be tricky, but having a JV from the start will help.My clients down in GA are doing well with a BRRR centered strategy, but focused on one, or both of these things to cash flow quickly:1) 2-4 unit properties2) Section 8In most lending circles, your 2-4 units are going to be classified in the same category as a SFH, so to rehab a hand full of those, you don't take the same kind of rate hit as the 5+ unit properties, but you also don't have the same kind of "experience" issues as you do with larger developments.

Non-Performing – For a lender to call a note due in full they are basically re-classifying a performing asset on their own balance sheet to a NON-performing asset.

Put this under Classifieds forum:)

I often do site visits to the property and then design/draw the hvac/plumbing systems for the building.From what I gather below the following would all fall under "real property trades":"The statute lists 11 types of real property trades or businesses: real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, "I believe that my line of work can be classified under "real property development", "construction", "conversion".

Loans are classified by the collateral taken, not by who the borrower is, that can be a very thin line....

A couple common examples where you the investor are now an employer...If you hire Joe Bob the day laborer and pay by the hour - your state would probably classify them as your employee. 

Hey @Valerie Kinkead, drop this in the Classifieds section.

What are the benefits of her being "Classified" as a full-time investor?