I am currently a healthcare provider and hoping to use RE and other investments to create more passive income and perhaps retire early to spend more time with family and travel.

These are professionals with additional training and a stricter code of ethics.

Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.

What are the best tips that you can provide?

Partnering with Denis and Samantha provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

A real estate attorney will be able to provide better guidance. 

Additionally, it enables you to capitalize on opportunities quickly without waiting to accumulate sufficient personal funds, thus maximizing your growth potential and taking advantage of favorable market conditions.

I've traditionally relied on an Excel sheet, but it's not always convenient when I'm away from my computer.I recently came across an online calculator that seems to provide detailed metrics, including Cap Rate, IRR, and others.

We are considering a partnership where he provides funding and I will manage the projects.