Only under certain participation conditions and income limits can you take more than $3k losses on your 1040. 

Just let him know you want to shadow the project, learn and participate as much as he is willing to let you.Good Investing...

- A natural phenomenon, buyers and sellers remorse,  impacts the participants perspective.- Brokers don't instill professionalism, putting cash flow ahead of skill development.- Organized realestate has a monopoly, which leaves the public feeling disadvantaged.I personally don't have a problem with Realtors, as long as they follow my directions. 

The 2012 JOBS act made it easier for Main Street America to participate in "alternative" investments via crowdfunding and made it easier for sponsors to advertise previously unknown opportunities.

I have listened to several podcasts that state that using material participation- working 100 hours for the Airbnb and working greater than 100 hours can allow for tax deduction.Can someone help clarify.  

Do things that naturally enhance your energy. 

Thanks to everyone for participating

A Solo 401(k) can accept rollovers from most tax-deferred IRA plans and any tax-deferred or Roth employer plan such as a prior employer 401(k).As an employer sponsored retirement plan, a Solo 401(k) has several advantages over an Individual Retirement Account (IRA), such as higher contribution limits, the ability to house both tax-deferred and Roth funds within the same plan, a participant loan feature, and an exemption from tax on the portion of income attributed to debt-financing in real estate investments (UDFI).  

Many new investors look to turnkey to get started, as it provides an entry point that requires less hands-on and allows an investor to participate in markets that offer higher returns.

As a new investor, you're going to be competing for the best contractors with other market participants.