If the fund purchases and renovates or buys and holds property for an extended duration of time, the sponsor team will need to make stronger efforts in property management.

We actually have a great way for you to find a trusted one with our Tax Pro Finder Tool, under the Build Your Team Section. 

The “loophole” allows a non real estate pro to obtain nonpassive losses, done correctly.

You need enough time to earn healthy returns, but not so much that your kids graduate before the sale.Considering market cycles, five years is a modest stint in which to invest, make improvements, allow appreciation, and exit before it’s time to remodel again.A five-year projected hold provides a buffer between the estimated sale and the typical seven- to ten-year commercial loan term.

I live in Vancouver, British Columbia, Canada, and have recently embarked on my journey as a real estate investor.I aim to build a solid foundation in real estate investing that allows me to achieve financial freedom.

its started with de Santis in FLA  signing in the new law and allowing a Sheriff like Sheriff Grady to go knock some heads and believe me they will in FLA . finally some law and order :)  GA is on the cusp of signing the same type of legislation.. the real issues is the states we know to be Tenant friendly . 

Also, rentals in S Corps are generally bad should you want to revoke S Corp election one day, the assets are distributed at fair market value and likely will have capital gain without cash.Alternatively, a multi-member LLC taxed as a partnership is considered a pass-through entity, and if your state allows SALT work-around / PTET on rental income, a partnership solves both issues.We recommend partnerships often for rentals especially STRs.

Building your Core 4 Real Estate Team is also crucial.

For example, Denver allows STR w/ license if it's your full-time residence but if you plan to move out the STR ability disappears, has to be your full time residence (last time I checked). 

My team specializes in these and can finance up to 8 units, so your 2 or 3 woold be fine.