If you and the other members are active in the business, the IRS expects you to take reasonable salaries as W-2 wages.

Both situations may trigger a short-term flight to safety, nudging yields and, by extension, mortgage rates, slightly lower.Labor Market SoftensThe US job market continues to show signs of cooling.

I am based in Los Angeles, CA, have a 9-6 job and my experience includes only a wholesale of 1 property so far.

Keep on saving money from my job for the downpayment on MF properties?

When choosing a market, I’d focus on population trends, job growth, rent-to-price ratios, and how landlord-friendly the state is.

Weeks like this tend to shake national confidence because every headline feels like a plot twist.And the backdrop is getting heavier:1.2 million Americans have been laid off in 2025 — the equivalent of the entire city of Dallas, Texas losing its job base in less than a year.Consumer confidence is at a 3.5-year low.Holiday spending plans are softening.Headline PCE inflation just rose to 2.8%, the highest since 2023.And despite all of this, the Fed is still cutting rates.It’s a strange economy — tightening in one direction, loosening in another.Yet Louisville, as usual, refuses to behave like the national narrative.Housing prices nationally have only fallen seven times in the last 76 years, and only twice during recessions.

I assume the workaround isn't as easy as obtaining your real estate license in order to fulfill the criteria of Real Estate Professional if I'm not actually planning to sell much (if any) real estate with an ongoing W2 job, but I'm wondering if others have any experience with this.

Job growth solid - do not see that happening. 4% incresase - I would bet the under on that all day long

W2 job security.2.  

I like this area due to the job and population growth, and specifically I'm reading that Maryville is very safe.