Megan, in addition to the great info already shared,  The real property trades or businesses in which a taxpayer must materially participate to qualify as a real estate professional don't necessarily involve rental realestate.

Remember that the higher the yield, the higher the risk assigned to the property by market participants in general.

To be a real estate professional, you must provide more than one-half of your total personal services in real property trades or businesses in which you materially participate and perform more than 750 hours of services during the tax year.

You can take participant loans from the plan, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component.

Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping.

Not everyone should be a landlord, for those that don’t want, like or are able to there are passive investments ranging from syndications to REITs by which your investment portfolio will get real estate exposure without your active participation.

I’ve eliminated personal liability on any loans, keep even investments in passive participations to those utilizing no more than 50% LTV, and as a whole the leverage in my portfolio is less than 25%.So my question is, what stage are you in, 1,2,3 or some combination.  

Also, note that the live Q&A webinar with David Greene is on May 23rd, so you can only participate in the live session if you sign up before then.

Can learn a lot from the experience of others; BP is definitely  a good website with willing, experienced participants interested in sharing info without strings attached. 

Hi Andrea,I've been participating in tax deed auctions in northern CA for several months, taking part in 7 auctions by now.