The IRS has several criteria for being "active", including stuff like if you are personally liable for the debt, do you make decisions reguarding operation, how many hours you spend managing, stuff that shows you really do have an active role in the investment.

I am an early forced retired with some energy and a few dollars. The plan is to start small with a four family in good condition which will earn a little money and give me some experience. Then I would like to purchas...

If you're going to spend the time to post, sign, refer, or advertise you might as well know what's actually working for you!

They get paid by flipping the contracts for nominal assignment fees while spending very little time on the deals.

Hello Ed,Let me be the first to extend a hand to you.

Sounds genius to me, although I think I'd keep it to a small portion of the country, or you'd spend all of your time flying to see properties.

For those who spend the time to provide all this 'free' information.Landlord & Tenant Issues is by far the best forum!

So if you're a busy professional or family that wants to spend life on things other than doing maintenance to a yard, then you should really consider living in apartments.

Although I had all good houses in good neighborhoods I didn't want to spend any part of my retirement driving back and painting, roofing etc so I sold out.

The biggest problem is spending too much time thinking about starting rather than starting.Use Reed's site to highlight areas where you need to question what you are reading.