The insurer does not participate in any of the insurance guarantee funds created by California law.

You anticipate that the winners provide much more profit than the losers, and you end up with a portfolio that produces a double digit return + a “salary” for your active participation over time. 

For our next play we want to get into a single or multi-family, and preferably participate in what seems like a booming market in Florida. 

For tax purposes, it’s about whether you pass the 750-hour rule, the 50% rule, and meet the material participation requirements.

For the material participation test, the easiest way to get it is Via the 100 hours and worked more than anyone else.

The main one being material participation. 

I think the SEC would like to know about his participation with Norada and the current situation at hand. 

Not sure if anyone is aware of this, but Marco's partner and CFO, Ronald Fossum, was charged with fraud by the SEC fairly recently and barred from participating in any type of similar activity.

1.Activities That CountTo meet the material participation criteria, you must log your hours in a detailed and ongoing logbook throughout the year.

You would work with other lenders and do a participation agreement, but many of them will require you to put in 20-40% of the money, have a net worth of 2x what they are including as they will want you to buy back the loan if it goes into default.3.