Hi Jared, Would love to connect some time and hear more about you help investors.  

I owned real estate before but lost it all in the GFC. 

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).

Real estate investing can be an effective way to build long-term wealth, and among the various strategies, one has gained significant popularity over the years: BRRRR.

Why do you feel these posts contribute nothing to the forums when this particular forum is specifically designed to review real estate businesses?

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

(Not that I've known what that feels like for a long time...) 

I get these data through a partner that's a real estate agent so I know what you're talking about.

My partner and I recently visited for the first time in February and loved it!

Investors will panic.Foreign economies will overreact to tariffs.Our economy will overreact to mean Tweets.But the real money?