Income from leveraged real estate or active business income.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

In my opinion it would be cleaner to split partnership based on monetary contribution and then remunerate each active party for their work if the active work is more on one partner than the other.

Depending on the situation, a taxpayer could offset some of the passive losses with active income.

Right now, I’m actively learning and planning to start my first projects this year.

Even with active investments, diversification is better.  

Up until November, actively licensed VRD (Vacation Rental Dwellings) could transfer one time to the new owner.

Kansas City is the “Heart of America” a transportation hub in the center of the country with a small city feel and the big city attractions of art, culture, fine dining, and professional sports teams.

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

As a co-host for short term rentals, you may not need a license as long as you're not crossing over into activities that could be considered brokerage activities like handling any contracts, collecting rents, doing any accounting, approving tenants, etc.