As a passive investor with active participation you are allowed to take up to a 25K loss against ordinary income.

My time was limited but still make the effort to be as active as possible.

I became active in public hosuing and section 8 by the mayor appointing me as commissioner of a large public housing agency, having to manage the folks who manage the programs and owned housing units.

I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.I am looking for feedback from anyone that has gone from investing and managing their own properties as an after-work activity to doing it full time.

As a active foreign buyer I can't stress that enough.

Thanks Josh....You can call them and stop further activities.

After interning at a local CPA firm and talking with numerous Big Four professionals, I came to realize that although I did well in accounting and took full advantage of accounting clubs and associations, real estate was my true passion.

Also, I have rented numerous VRBO properties around the world.

Stay active on the site, the more you will get out of it.

There's a post that will pick up activity as it gets closer.