An individual who is actively involved in REI transactions or is invested in Passive income investments. Passive investments would be properties delivering income on a monthly or annual basis, etc. single residence rental, multi-family dwellings / apartments, strip malls, etc. Active REI role is investing in purchasing properties to resell for a profit, etc. remodeling / repairs to a dwelling, multiplex, to name a few.
Are there tax benefits offered to a Real Estate Investor, yes? You are operating your investment business with various tax advantages available. Depreciation, loan interest, 1031 exchange, professional fees, etc. are a sample of tax benefits.
Types of investing – wholesaling, foreclosures, lease options, investment property managers, short sales, tax liens, deeds are examples of investing.
Types of knowledge for investing – Tax and Legal, credit management, real estate basics, private hard money, seller financed notes, market analysis, just a small list of elements required to be a successful investor.