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All Forum Posts by: Harsha G.

Harsha G. has started 9 posts and replied 24 times.

Post: Private Lending - Passive Losses on Schedule E

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi All,

Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses? Perhaps as a syndication or credit fund? 

Post: Thoughts on Huntsville, Alabama?

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi Zane, I’m also in California and have been investing in Huntsville for a few years. I think cash flow is hard with current property prices, so it’s mostly an appreciation play for me. Are you looking to do any rehab?

Post: Bodega Bay - Short term rental

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi @Mark Oliver, how is this property doing for you? 

Post: Fair Rental Days vs. Personal Use Days

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi All, looking for some advice here.

If I have a property that I lived in as my primary residence for part of the year (let's say 180 days) and was never previously a rental, and then I convert it into a rental property half way through the year, do I have 180 days of "Personal Use Days" on Schedule E or 0 days of "Personal Use Days". I didn't occupy the property at all after it was made available for rent, and it will continue to be a rental property for future years. Thanks in advance! 

Post: Decatur MultiFamily Cap Rates

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi all, looking to get into the Multifamily space… any insights into current cap rates for the Decatur market? Thanks!

Post: Redstone Arsenal Huntsville

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Huntsville is growing fast! 

Post: An out of state BRRRRFect deal in Huntsville Al!

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

@Gorden Lopes I did, closed two of them! Waiting on final numbers on each before posting details :-) 

Post: First Long-Distance Deal Closed

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Congrats @Joshua Durrin. How much did the exterior/interior paint job end up costing you? 

Post: An out of state BRRRRFect deal in Huntsville Al!

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Nice deal @Gorden Lopes! How much was the wholesaler originally asking for the property? 

Post: Pleasant Run/Forest Park

Harsha G.Posted
  • Investor
  • SF Bay Area, CA
  • Posts 27
  • Votes 10

Hi All,

Out of state investor new to the area. What do folks think of the Pleasant Run/Forest Park area? Any recommendations on contractors and PMs in the area? thanks!