Biggest things you’ll want your cpa to guide you through;Material participation- there’s three tests; 500 hours; 100 hours and more than anyone else’s time, and substantially all the activity.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Fortunately, I have found investors and contractors that are active investors and do try to see it from my perspective on how to make money in the deals but I agree with the extra opinions and "trust, but verify"

In fact, most of the pro-Tardus posts in this thread are from folks who had very little previous activity on BP.

I know that a QOF can invest directly in real estate, but I’m particularly interested in the QOZB structure, since it allows for active business operations and working capital flexibility.For those who have set up a QOZB:How did you structure it in relation to your QOF?

Please share as I explore using them for my rentals.

It’s always exciting to hear what strategies others are exploring.

If you’d like to explore these options or have questions about financing, feel free to reach out! 

I am an aspiring serial house hacker based in southern New Hampshire actively searching for my second small multifamily deal in the Nashua area, but I've hit a wall with inventory being so tight in my local market.

It's available here: Passive Activity Loss Audit Technique Guide