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All Forum Posts by: Edgar Jimenez

Edgar Jimenez has started 1 posts and replied 7 times.

Wholesaling

Post: Incentive for cold caller

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

Hey Tim, 

I'd love to connect. I'm interested in hiring a VA at the moment and could use some tips.

Edgar

0 Votes
Starting Out

Post: Wholesale Cold Caller Help!

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

Any luck? Same boat at the moment. 

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Can I offset my W2 Income through Negative Rental Income?

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

After depreciation, maintenance, property taxes, and insurance, I am technically losing money on this year's rental income (only rented my property during Q4). Can I offset my W2 income with this loss or would my net rental income be $0?

1 Vote
San Francisco, California
Tax, SDIRAs & Cost Segregation

Post: Depreciation, W2, and multi-family

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

My understanding is that you can't offset your W2 with depreciation from RE investments. You can only do this if you're a full time RE professional. Please someone correct me if I'm wrong. 

0 Votes
Atlanta, Georgia
General Real Estate Investing

Post: Looking to Connect in San Francisco

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

Hey Mark, 

Let's connect. I'm in SF and am looking to arrange some meet-ups. 

0 Votes
San Francisco, California
Rehabbing & House Flipping

Post: First time flip in super expensive Bay Area

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

Hey Lucas, 

How did your first flip journey go? I too live in the Bay Area and find myself in a similar position as you. 

Jose

0 Votes
Rehabbing & House Flipping

Post: First time flip in super expensive Bay Area

Edgar JimenezPosted
  • Flipper/Rehabber
  • Bay Area, CA
  • Posts 8
  • Votes 1

Hey Lucas, 

How did your first flip journey go? I too live in the Bay Area and find myself in a similar position as you. 

Jose

0 Votes