STVRs with material participation are considered active investments using schedule C, similar to other actively run RE businesses or other small businesses.

If there is a demonstrable need and market for this kind of thing I am willing to explore with you or anyone else who wants to participate. 

Simply put, when has there been a better time for you to educate yourself at the bottom of the multifamily market cycle and then be armed with the knowledge and connections to participate on the upside?

My bank doesn't allow Zelle into our business accounts even though they participate in Zelle.

However, if a transaction coordinator does not have an active real estate license, they cannot participate in brokerage activities like negotiating repairs and contingencies...."

I think you will need to participate in the meetings yourself to determine if they are worthwhile for you.Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

As for writing it off on active income, you’d still need to qualify as a REP (or spouse) or have material participation.  

In addition, you are also required to materially participate in each property or group the activities. 

@Ryan Foster  @Michael Sato @Jonathan Avellaneda @Garrett Kroll @Giani Brussich @Priscilla Pimienta @Lyndsey Garza @Steven Caldwell @Michael Jones @Dave FiniganPlease message me and answer the above questions (especially schedule) in my reply post above by tonight if you would still like to participate.

And even those aren't really passive because you have to be consistently monitoring the performance of the vehicle to be sure they're not running it into the ground, participating in capital call discussions, etc.