In such cases, the net income of each activity with positive net income for the year is multiplied by a fraction: the numerator is the combined net income for all significant participation activities, and the denominator is the combined net income for the activities with positive net income.Eg: Betty is a full-time teacher, but she also owns stock in two S corporations (Acorp and Beecorp) that pass through income to her.

Sure, I could have lost money but I didn't really care - I thought the reward outweighed the risk.

I've done that numerous times.

Often in an appreciating market this is the mindset one must invest with and they often get rewarded heavily over the long run.

1) Clear and realistic guidelines for what they want & don't want (If you tell me find me a good deal, I don't know what that means to you)2) Decisive & Honest (Tell me specifically why you like or don't like a deal) 3) Professional ( treat everyone in the transaction respectfully, do what you you are going to do)4) Respectful of agents time ( don't ask me to shotgun low ball offers, or give me busy work with comps, that's an amateur move)5) Committed & ready to close ( If I meet your criteria & present pull the trigger & close)6) Generous (If I am rewarded for finding a great deal for you , if you start trying to be cheap & re-negotiate fees I'm out)

If you stick with it, the rewards are epic.

Would love to connect with people I can learn from, especially in the Philippines, and absorb as much info and guidance as I can to get started on what seems to be a very rewarding journey.

-She does nothing to keep the road up and it's going downhill very fast because they have 5 cars in and out of there numerous times a day and the tractor. 

@James WestWe've helped many investors just like yourself build a successful rental portfolio across numerous cash flow markets.

We have ran into numerous Real Estate Agents who just really do not care about doing business with us.