But if you're not a professional, here's how your rental loss could affect your income taxIf you actively manage the property and your adjusted gross income does not exceed $100,000, the rental loss (up to a maximum of $25,000) could be deducted from other income such as salary, interest, and dividends.

Second, I've started actively manage my money.

The agent comparative market analysis indicates that activity is brisk in this community and houses are selling pretty fast.

I believe that the policy of NAR is that real estate professionals should never discuss or re-veal their intentions concerning fees or other competitive business activities with or to competitors.NAR states; “Real estate professionals should never discuss or reveal their intentions concerning fees or other competitive business activities with or to competitors.

I hope you decide to become an active member of the forums - we can use good people like yourself to help out within the community!

I understand the poor very well, since I was charged with oversight of over 1200 public housing units as a commissioner, a very active commissioner at that!

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.

I work with a lot of investors--and as we all know, active investors are alway looking for new money and programs.

This thread is over 7 years old Corey Fishbein...you may want to start a new thread or look for more recent ones if you are looking for local investors that are active BP members.

I believe it is safe to say that Bernard "Barney" Zick has been vary influential to the success of many investors with his strong leadership and his own articulate delivery of education to so many will be of lasting value to many.Teaching is a balancing act: placing expectations on the student and becoming engaged with students requires a seriousness of purpose and a playfulness in approach that is more easily described than carried out.