This means landlords cannot use lack of legal status alone as a reason to deny housing.As for your questions:Rent collection – If the tenant is paying rent consistently and can verify income, the lack of a Social Security Number does not prevent them from fulfilling that obligation.Eviction – Eviction is based on lease violations or non-payment, not immigration status.

Is it possible to gain REP status while working with an out of state PM?  

Does my wife's REP status allow me to deduct passive losses from the 2 rentals properties against our active income, or does the fact that she does not materially participate in managing the rentals prevent us from doing that?

Or K1-12 schools, very much socialism.

If you’ve been in real estate for a while, you’ve probably heard people talk about Real Estate Professional Status (REPS)— but most investors still don’t fully understand what it means or how powerful it can be.Here’s the simple version:If you qualify for REPS, the IRS allows you to treat your rental income and losses as active instead of passive.That means depreciation, cost segregation, and other real estate losses can actually offset your other income — even W-2 income.For full-time investors or spouses who manage their properties, that can mean tens of thousands of dollars in tax savings every single year.To qualify, you need to:- Must materially participate in their rental activities.- Spend over 750 hours a year in real estate activities.- And more than half of your total working time must be in real estate.It’s not for everyone — and you have to document it properly — but for serious investors, it’s one of the most valuable tax tools out there.Most people think wealth in real estate comes from appreciation and cash flow…But the biggest gains often come from how you use the tax code.Curious — have you or your spouse ever tried to qualify for Real Estate Professional Status?

The second one is a combo Social Security plus Medicare tax.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating with integritySo, start out by CONSISTENTLY posting what you are doing on whatever social media channels you currently use.

The borrowers that I am working with are first time fin and flippers or first time getting a DSCR loan, some of them have ITIN status, work permit, and US citizens.

Another point, I have a W-2 income (spouse is stay at home mom) where I am already above the social security tax income limit.

Social Media has allowed for faster and easier networking capabilities.