This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

But it comes down to if you want to personally get down and dirty to learn the work or if you want to delegate to a third party. 

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Personally, if you have to wait 3 months anyways, it seems like a good idea to take on a project that takes 3 months to maximize returns.

House hacking will also give you some personal "property management" experience.

DTIs do not apply, not tax return / personal income eval

Current CPA says you can form an LLC and take any losses as a K1 loss on your personal taxes. 

Personally, I'd like to see the return of more streamlined processes with the lenders (at least more so than they are now!). 

For materials and/or services for any of my investment properties where the contractor/person does not give me a receipt, I do one of two things:1).

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.