OK GOOGLE, navigate to the nearest ice cream parlor along the route," you say.

Devil, ******* (my middle initial is A), Satan, Shark, Bottom feeder...I'll take my higher returns and the deals we see and stay profitable on what "the big boys" don't want to waste their time with.

This is an interesting situation, and one that I almost navigated with my mentor prior to his passing this last year.

I can look into the assets the notes are attached to, to see if they're in decent shape or even exist if you like...... hope you're able to navigate through this dilemma!

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

Most in BP, from many responses I see do not have to ability to navigate this.

Experience with Multi-State Taxation -  Do they have experience handling income from out-of-state properties and navigating California’s specific tax requirements for LLC members?

I chose a market with lower price points for my first rental investment but I also knew the area really well and had help from a realtor navigating the process.

Plus, it had detailed info on how to sign up with each, which is helpful when you are trying to navigate their websites.

Navigating NYC's zoning regulations can be complex @Jon Pflueger, especially in M1-2 districts, which are primarily designated for light manufacturing and commercial uses.