How are you currently involved in RE?

Have you gotten involved in investing at all since you jumped on board last year?

This step could involve anything from paint and elbow grease to converting an apartment complex to condominiums or timeshares.johnmichael: STEP 3 - Sell or finance the real estate in some way to be able to compound profits and find more real estate to follow the same three-step process.johnmichael: The simple 3 steps will in as little as 5 years provide you with the income that will just blow you away!

There was work involved but with it came great rewards.Sometimes you just have to talk that first step.Marc

You shouldn't either.Pick a better person to get involved.

We do a LOT of emailing because it works better normally for most parties involved, especially when you are dealing with REO's or fixer uppers.

I live in beautiful Eastern Idaho, recently celebrated my 23rd wedding anniversary, have two wonderful children and loving life.I recently became involved in real estate investing, I have been studying it for the last couple of years.

If you FSBO you can offer broker protection and pay 3% to any agent who wishes to get involved.

At the very best chance of an "outsider" getting involved in this busienss would be to work for a developer.

I might be wrong here (I'm also a Realtor so I get the exception already) but if you are actively involved in the management of your properties, defined by some level of effort maybe 500 hours a year, then you too are exempt from the passive losses limit--essentially because they are not passive, they are from something in which you are actively engaged.If you do your own property management, fix-it stuff, and finances, you are probably exempt from the $25,000 / yr limit.