Have you investigated any local rental ordinances?

This is a great place to learn and further investigate investing in real estate.

I had no business activity in 2024. 

I vet a lot of passive offerings and am particularly active in MHP, SS, and MF. 

We reached out to a private investigator and have had no luck.

Hey Ian, since you're not an active agent I would connect with some local investor-friendly agents in your market.

Currently, I own a property in Virginia while living in California, balancing active duty life with my passion for real estate investing.I'm focused on wholesaling real estate right now, with plans to eventually explore buy-and-hold strategies as I grow.

She then stated that when it becomes active income it is subject to the 15.3% self-employment tax.

If you haven't yet filed a tax return that reports on the building activity or the medical practice activity, you want to confer with your tax advisor about possible grouping elections.

To help give some guidance on where you may look to start out it would be helpful to know where you are at in life and if you are looking at being really involved (active investing) or just have money you want to put to work in real estate (passive).