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All Forum Posts by: Levi McDaniel

Levi McDaniel has started 8 posts and replied 35 times.

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Devin Patrick McCauley there will always be more deals! I can’t tell you how many I’ve looked at over the last year, ran numbers and then froze when it came time to make an offer. For the same “oh.....” factor of not knowing what I’m getting into or worried they would not accept the offer. Keep watching that property maybe they will drop the price below your offer... it is a bank and it is the end of the year. I’ve seen crazier things happen!

Post: Rental income taxes: Is it better to be under a active agent?

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13

Hello,

My wife and I purchased our first property (Duplex), we have a PM company looking over it for us being that it is about 600 miles away. We are located in Washington state.

I've searched around for a bit maybe I'm asking the wrong questions in search...

When it comes to tax time is it better to claim as a "active RE agent" or not? I'm an active agent however my wife is not.. Any advice or pointers would be GREAT!

Thanks!

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Caleb Heimsoth thank you, I tried that about a month ago and it did not work. Then I seen Mindy Jensen had mentioned something about adding a question mark at the end.... still figuring it out. Always learning!

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Looks like you can’t tag people when on the mobile app..... unless someone knows how?

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Thank you @tonywooldrige? My friends and I have been going to the Brewster area for opening weekend for about ten years now.

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Thank you! We are very excited.

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Thank you!

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
Thanks! It is in the Emerson Garfield area. I seen quite a few houses being updated so I figured it may be on the rise. A long with a bit of research of course.

Post: 90 day challenge accepted and completed!!

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
So I’ve always wanted to get “into” REI just like so many others. This last 6 months I’ve been really digging deep into it along with running my self employed small business and family time. One day I was listening to the BP podcast and Brandon had mentioned a “90 day challenge”, I’m not sure why but it just clicked and I HAD to take it on! So I did. Later that week my wife and I went down to Aberdeen Washington to look at a few multi family properties but they just didn’t work. The next week I ended up driving to eastern Washington for opening weekend of deer hunting and said “what the heck may as well drive to spokane I’m halfway there...” so I did found a few houses I liked..... anyways we made an offer on a duplex on my 30 birthday they accepted it and today the deal is done! We got the keys! (PM got them) House needs some work but all in all we are happy with the deal. Now for the next one..... I’ve been looking all over the same neighborhood online wanting to buy another. Thank you! Levi McDaniel

Post: How to analyze so much

Levi McDanielPosted
  • Diesel Mechanic/ Investor
  • Lake Stevens, WA
  • Posts 35
  • Votes 13
There is a lot of great people on this site in the spokane area. I know that there is a networking event every third or fourth Thursday. It’s posted in the local events. They may be able to point you in the right direction for your area.