I have been lurking the community for a while. Very intermittent, and now I have a new goal that coincides with life changes. My kids are transitioning to adults, I need to find a new place to live and will probably h...

When there’s another partner in the deal who’s also actively involved, proving enough participation can become more complicated.

Hey everyone -- my name is Colin and I am looking to get back into RE investing.  For background, I used to wholesale contracts about 12 years ago in Dallas.  Combo of driving for dollars, distressed listings that wer...

Quote from @Adam Wachter: Quote from @Rohullah Sharifi: Short-term rental (STR) activities require active participation and proper documentation to substantiate your involvement.

I am becoming more involved with the business so I decided to get my brokers license and learn more about how other people manage larger complexes.

If you’re looking for a solid STR co-host in DC, check local Airbnb Facebook groups or the “Co-Host Marketplace” on Airbnb — lots of great local options there.Co-hosts usually charge less (10–20%) and offer flexibility, but you’ll stay more involved.

In most cases, the property manager ends up being the one truly running day-to-day operations, which makes it hard for the IRS to see you as “materially participating.”To meet REP requirements, two things have to happen:-You (or your wife) need to spend more than 750 hours a year on real estate activities, and-Those hours have to make up more than half of total working time for the year.The challenge is proving that level of involvement when a property manager is already handling leasing, maintenance, and tenant issues.

I just made the move to the Nashville area, and I’m excited to get involved in the local real estate community after selling all my rentals and my personal home in Minnesota.A little about me:I worked as an HVAC service technician for the past five years; now I’m looking to pivot into real estate full-time here in Tennessee.I previously held my real estate license in Minnesota, where I worked alongside other agents to learn the ropes and helped with showings and appointments they couldn’t attend.

Make sure that you have the right folks involved.

Recognize senior living (if assstrd living) is an operating business that involves real estate.