And as others have mentioned existing passive activities do not become non-passive once REPS is achieved. 

Feel free to dm me if you want to have a further discussion. 

Feel free to reach out if you ever need advice. 

It offers the benefits of being close to Memphis while having lower crime rates, better schools, and a more suburban feel.

Feel free to PM me to continue the conversation.

"Now you need this' "next you need this" Finally you're in vegas at super mystery weekend with screaming motivators and you feel like your're just waiting on Jim Jones or David Koresh to come out and tell you how to get to paradise. 

That strategy wouldn't fly with just about every wife that exists now or in the history of the world

Don't want to pay tax on selling the rentals I unfortunately don't think they actually want to utilize the 121 to sell their existing primary and then potentially buy another one-it sounds like the goal is to ultimately continue owing that initial home which I think makes this whole plan 5x more likely to be torn apart under audit because they're trying to end up with the same property they started with.  

Took down two walls to remove the "boxy" feel to the home and create an open concept living space.

Looking forward to hearing from like-minded investors—feel free to comment here or send me a message.