Many states now require new funds and do not do pass through.. its the reason we all are in business us bridge lenders.. also I know in Oregon the title companies demand a full profit disclosure to the seller.. they don't want to be sued for participating in a secret or unconscionable profit act.

I made some elections about grouping by not grouping as I expanded and didn't understand the consequences (making material participation easier/when passive losses can be harvested/ease of filing) of that at the time.Also random question but do you have a sister Nicole?

Please keep in mind, you may qualify for the 750 hour test for real estate professionals, but need to materially participate in the rental activities as well for it to be considered active (and take the active losses). 

I am impressed with his podcast and I know of one successful investor in my area who has participated in the course.Hopeful that we can get some responses here.

An interesting twist to your great information, is an actual legal case I participated in.

I know of a couple of specific very trustworthy operators/funds that are paying between 8-12% preferred returns with participation in potential appreciation.

Attempting to gauge participation in the member loan for the Austin 4-pack managed by RevisionMasters.

You do not need to check in with the staffers at the podium to participate in the auction.How does the auction work?

My hopes are that continued use of BP and participation with Lifestyles Unlimited will greatly accelerate my efforts.

It is the opposite of active income, which is income received from a job or business venture that requires active participation.