Just consider the money you put in a contribution (rather than a loan), and the money you take out as a distribution (rather than a repayment).Of course, talk with your tax professional first to make sure there isn't an outside detail I am missing that might change this for your situation.

And being a "real estate professional" does come with tax benefits. 

@Ashish AcharyaIf you want to give me a quote for my tax situation; full time IT professional, 4 rental properties, one primary residence.

The juice usually isn't worth the squeeze in situations like this, and the added professional liability, administrative hassle, and paperwork might not be worth it.And remember - Your broker gets his or her usual cut (based on what your agreement with them says), so it may not be worth your time either.

., but keep the license in some "reduced" status, so I can still possibly reap the benefits of the real estate professional status for real estate investing.

You’ll definitely want to consult your attorney and qualified tax professional before taking action.

Not having professional sports is a drawback but that does not matter to many people and the trade offs are worth it for me.Feel free to reply with any feedback or thoughts on the article, demographic trends, and whether or not they have influenced your investing.

You don't even have to get a professionally done home inspection. 

I would be interested in doing role plays as that would help to make us sound like professionals as opposed to stumbling novices!

Going to a wedding, original plans fell through.