A Solo 401k which is exempt from UBIT on leveraged real estate may be a better option if you have legitimate self employment activity. 

Understand the NJ markets, such as Northern NJ, Central/Southern NJ, and Jersey Shore, and focus on building relationships with those active in your desired areas.Good luck!

It was an active rehab and involved a permit that was needed, then wasn’t needed, and then was needed again.

National Whitewater Center is a great spot for outdoor activities like hiking, biking, climbing, kayaking, and zip-lining.

Ultimately, courses can be great for structure and guidance, but real learning often comes from doing and connecting with experienced investors actively succeeding in your niche.For many, podcasts, books, and courses are just entertainment. 

If you are claiming Real Estate Professioanl Status(REPS), it is important to keep a log of your activities. 

Inventory has held steady around 5-6 months for some time now, with roughly 9% more active listings on the market in the metro now compared to Oct. 2023.

Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status?

I am an active builder in downtown Charleston SC and talk about small lots and roads only 20 feet wide logistics to build are brutual..

Lots of good advice above- I think an active, professional network of pros that know and trust each other is essential.