You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1)  are we subject to transfer taxes or fees for the transferring?

These cities are part of the thriving Phoenix metro area, but they also have their unique appeal.

It sounds like managing a portfolio in the DFW metroplex presents its own unique challenges.

You'll be buying in a specific location, subject to local rental regulations and other unique factors.

and will have to deal with some fairly unique challenges.You'll probably have more success in Fenton, Holly, Independence Twp or Waterford.Read below for some basic copy & paste advice that may help you.

It's who can accommodate our unique situation, everyones is different.

EmpowerWhat makes it unique: Empower is a budgeting app with a built-in net worth tracker.

I suspect poor communication was a reason that such a low percentage of people who paid $300 atrended (in San Diego I attended the STR workshop and room was full - this syndication workshop we sat around one table).I have heard Codie present and she is as good as you indicate but not an RE person. one of her lines is something like there are a lot of millionaire RE investors but not a lot of billionaire RE investors and I want to be a billionaire.  

Every market is different, but in New Orleans there are two types of guests: 1)  Guests looking for a dirt cheap place to stay and don't care where it is, but will complain about the tiniest little things, when in most cases the Airbnb is much nicer than their own home.2)  Guests looking for a unique stay in a real neighborhood (how Airbnb started, until investors of faceless LLCs started to gobble up and change the fabric of these neighborhoods).