CPAs often advise against pursuing this designation unless the time commitment and documentation are robust, as failing to qualify can result in IRS audits or penalties.The 500-hour rule pertains to material participation in specific real estate activities or businesses.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Have a good CPA to help you strategize?

And the Professional plan is a great space for seasoned vets who need a robust system where their team can work through the entire acquisition process. 

Here’s how I’d break it down and strategize your entry point.Key considerations include the current and pro forma cash flow.

Therefore, any strategic/investing where you have a solid plan to get most/all of your capital back would be my target for this type of capital.

We've seen robust demand in OCT (leaves) as well as NOV/DEC (snow chasers). 

There is life stages to investing, and the math is clear that strategic debt use, strategic leverage, pyramiding, appreciation, is the wealth generator. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Building strategic relationships in business and investing is not only crucial, it’s mandatory!