You should qualify under the general concept of trade or business.But if you do want to use the safe harbor, you can combine all your personally owned rentals and target 250 hours.

I love the concept of smart frugality coupled with smart investing.

That strategy may not be a straight line and will involve straying from that plan but overall having that concept is a plus.

@Mike GehardYou have to define what you mean by tax-deductible and how it will benefit you on the tax return.There is a concept of "un-reimbursed partnership expenses" which is normally an above-the-line deduction taken on schedule E.A payment must further the partnership or be listed on the partnership agreement for the partner to deduct it on schedule E.I do not think your trip qualifies as a un-reimbursed partnership expense.Prior to 2018, investment expenses on schedule A were deductible if you itemized.

The other two might be more oriented towards the US, but they contain a lot of concepts and knowledge that work anywhere.I hope this helps!

@John Boby land trust and living trust are two very different concepts.

But if you are determined to use cap rate as some sort of yardstick, read on for a way to twist the concept so it produces a meaningful result...You can't say that "I'm buying at X% and the projected NOI cap is Y%" because it will cost you more money than just the purchase price to bring a non-performing property to stabilization. 

@Daniel EvenchenI don't know where you got this idea of "extracting" cash from an IRA, but your understanding of the concept is totally incorrect.

- Buyer's Agent- My mom, Traci Greene with The Greene Team with Coldwell Banker Wallace & Wallace- Lender- Marissa and Margo with United Capital Lending- Listing Agent- Kendra Ellis with The Greene Team with Coldwell Banker Wallace & Wallace- Contractor- Lee Ellis with Ellis Construction Concepts/ Nice Flippin Homes

Even some of the terminology/concepts I don’t know or understand.