Because of material participation I can deduct that $350k vs other income.Using combined federal and state tax rate of 40% x $350k = $140k in immediate tax savings.

That, in addition to experienced investor advising others to treat certain tenants like animals has just made me not so motivated to participate like I used to.

I self manage, have material participation status and file on a schedule C.

Nacco Material Handling Group from the OR Supreme Court. https://www.constructionlawwatch.com/2015/08/recen...The Cortez rule suggests that the LLC will afford no immunity when the member-managers personally participate in legally actionable conduct.

Quote from @Bill B.: Are you afraid if you trust your agent and lower the price $20k to $985k.

Invested $170k since 2021 and total return of barely over $5k, which includes $2700 left from the first property they sold end of 2023(orig investment of 25K). 

Last year I barely made any money after all expenses were paid.

Choosing Between 506b or 506c: Both have their pros and cons. 506(b) allows you to raise money from accredited and up to 35 non-accredited investors, but you can't publicly advertise. 506(c) allows for public advertising but only accredited investors can participate.

Barely put up containment areas up and they were not sealed.

My goal is to help California: Homebuyers with their down payments using equity -- not debtHomeowners access their home equity -- without additional debtInvestors: Participate in home appreciation -- real estate investing without tenants or management.It's called equity sharing.