Many of us do not read this by the category and the multiple posts discourage participation. 

If you file jointly then a spouse's material participation should count. 

And it really depends on where you want to participate and invest.

We did not participate in the cracy run during the covid years, but we are at steady 7-8% each year.

Actually you may not even to create one, this is the output of summary using NLP based AI:Question: according to biggerpockets forum, shall LP investors participate into multifamily capital call ?

See the source here:https://www.irs.gov/retirement-plans/plan-participant-employ...Therefore, if your property management company manages 401k-owned property, it would be breaking two IRS rules: - Furnishing services to the plan- Receiving personal benefit (compensation) 

It is when the property is available to rent.You do not necessarily need earnings from the property to have deductible expenses (again, available for rent is not always the same date as the lease start).REP status is 750 hours in real estate activities PLUS material participation in the activity(ies).Talk to a CPA or tax pro who knows this stuff.

The participant loan feature of the Solo 401k could be a possible solution for you, however.

I am interested to participate too, please send invite 

The building represented good value and is consistent with my focus on $2M-$5M total cost projects where there is a lack of natural market participants in the Philadelphia market.