So you don't need an umbrella.I don't agree with this.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

Hello BiggerPocketsI’m excited to introduce myself as a new member of this vibrant community.

This protects you if you have to fire them.2) Pest treatments would depend on the location.

Quote from @Michael Zimeri: Hi Marise,This is Michael from Coldwell Banker UAE.I have been in the BiggerPockets community for a few weeks now and from what I have seen is that this community and tools are mostly oriented towards the US market.Regarding analysis for Dubai, I would more than gladly guide you through the Dubai market if you wish!

Our company used to buy 100 plus parcels a year in N.

What you all think when it comes to use deal machine?

Another Dr. used me to look at a property off market then went directly to the seller.

Hey BP, Im curious on what some of you would say as the better route to go and why.I'm at a crossroads between:Starting and focusing on New construction for single-family houses to eventually get into being able to build small to medium editions as a long-term goal.

Is Pro an advantage in this situation?