You see I could never be 19 again and still retain the same knowledge that took years to gain.

Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.

That would be for a garage in a convenient location since these always get picked up by contractors for their tool and material storage.

Fire rating, mechanical equipment and materials often change and are more expensive.

I appreciate the suggestion to explore materials beyond cedar—I'll definitely consider other options that might suit the look I want to achieve.

And if the sponsor wants to retain control they will usually diversify their investor bases and accept multiple types of investors.

Try to soak up and understand all the materials you can find here.

Did you find the material easy to understand and apply?

You are already in the right place in the BP forums, but try to consume as much podcast and reading material as you can.

You've obviously read renting out properties is easy and profitable - but, have you looked at when the material was published?