When filing jointly, if one spouse qualifies as a Real Estate Professional and materially participates, the rental activity as a whole can be treated as non-passive for the joint return.

Your knees are actually touching the wall in front of you.  

You only get paid when you’re knee-deep in contractors, delays, random surprises… and the market keeps moving while you’re still scraping popcorn ceilings.

—building deals & joint ventures  I'd start with the biggest and cheapest ($25.00) to participate in, AZREIA.org

He moves to senior housing, lives off of the cash (and his other assets) and I rent the property out utilizing a property manager at 7% gross rents.Estimated FRV ~$2,400/monthTotal monthly payment (PITI) is $1,600.With mortgage/taxes/insurance/PM fees → slight positive cashflow, plus principal paydown and depreciationProperty would become a rental and I would inherit his remaining 50% later after he passes (though I’m not counting that as guaranteed return for now)Dad and I carry on as joint owners but I would collect 100% of rental  income and report 100% economic benefit on my tax returns including depreciation.

My goal is to scale beyond single-family rentals and small multifamily units, and I'm eager to learn how investors break into the larger apartment complex deals—especially using other people’s money or with a low initial investment.I'm open to syndications, joint ventures (JVs), and partnership structures that allow for a lower capital outlay while maximizing potential upside.

Did you use creative financing (e.g. seller financing, rent-to-own, HELOC, take over sellers mortgage (subj-to-deals), joint ventures (with a partner) methods?

We jointly hold educational workshops teaching their clients benefits of private lending using their SDIRA accounts.

Did you use any creative financing tools like: seller financing, rent-to-own, HELOCs, subject-to deals (taking over the seller’s mortgage), Joint ventures or partnerships, or even a BRRRR strategy?

Under the One Big Beautiful Bill Act (OBBBA), the rules for the tax deductibility of charitable donations change starting in 2026 — and for someone giving about 10% of their gross income each year, it meaningfully affects how much of that giving will reduce taxable income (and thus lower taxes).Under the new law, if you don’t itemize deductions (i.e. you take the standard deduction), you will be allowed a new “above-the-line” deduction: up to $1,000 for single filers or $2,000 for those married filing jointly.