No, If in the future, you end up having net rental income on your self rental (which sooner or later should happen or the IRS will not consider it a business meant for profit), that income will then be considered active income as you are considering materially participation already. You have tremendous loopholes that you would have to make in these activities that the IRS keeps breaking through. I promise these only open cans of worms when the IRS gets hold of them. There are many legal loopholes that you would need filings for with middle companies and filings. Again, long term, you never know what the tax laws may hold and the unwinding may be worse as the IRS seems more willing to go after corporate veils currently than individuals in their taxation.
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**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
