I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where one can write off losses against their W2 income if the meet certain criteria (7 day or less avg. stay, material participation, >100 hours participation etc.). 

As a result, actual future events may differ materially from any future results, performance or achievements expressed in or implied by this news release.

Their fee is too high but that does not reflect on the quality of the advice.The LLC can help when you hire a local kid to mow the lawn, when you ask a sub-contractor to pick up some materials using your vehicle and other situations.

anybody heard any of his material or been to his bootcamp?

I didn't use a dime of my own money or my own credit.When the market changed I started using her apartment building materials.

The tricky part is maintenance, I had the renters do the work and send me the receipts for material.

would your real estate grade read something like this:C+ Comments: Jonny (you) has a great understanding of the subject, but he could be applying himself more.or maybeD Comments: Jonny is easily distracted and tends to wander off in class.or maybe the most commonF Comments: Jonny knows the material, but is having trouble applying it.I would suggest trying this excercise with all aspects of your life.

Learn all you can from this forum and all reading material that you can find about what you want to do in real estate.

It will not materially deter acceptance in most cases.

Think holistically.or(2) You qualify yourself as a real estate professional and materially participate in the rental.