I built a software system that automatically scans active listings in the Columbia, SC area every week, analyzes them, ranks them by cash flow/cash-on-cash return/DSCR, and emails me the results.

I built a software system that automatically scans active listings in the Columbia, SC area every week, analyzes them, ranks them by cash flow/cash-on-cash return/DSCR, and emails me the results.

The invite is really open to anyone that is in attendance and would like to meet other investors.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

Being non-passive does not mean something is automatically subject to SE tax. 

There are 7 tests to determine if you materially participate (only need to meet one) the most commonly used tests are:1.

That way, the software becomes the 'bad guy' but also, it's consistent and automatic. 

The most valuable thing is having an auditable, automatic record you can point to if you ever end up in court or refinancing.

You can set up automatic rent reminders and late fee notices, plus send announcements to a single tenant or everyone at once.

As a small landlord owning just a handful of rental properties, I never faced this situation before: tenants (a family of 5) are divorcing.We already passed the original 12-month lease renewal date, and we are in the automatic month-to-month right now as the original lease stated.