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20 November 2024 | 13 replies
Quote from @Andrew Steffens: I just use 1 card for 65 units (managed) and 1 card for 8 active rentals owned.
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20 November 2024 | 0 replies
For context, I’m active in Columbus, Ohio, but I also spend a lot of time in Miami, FL.
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20 November 2024 | 4 replies
You may be able to buy a second property now, but are you ready since you are active duty?
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2 December 2024 | 34 replies
Seeing as how I'm not sure if you are communicating this properly, but one could be crossing ethical / legal boundaries --- maybe.Personally, the rental activity for that sort of property and tenant would not be worth the time.Thanks for letting us know.
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20 November 2024 | 23 replies
Does anyone have a recommendation for a service for property managers that integrates the use of motion activated cameras to monitor self showings or vacant properties?
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19 November 2024 | 12 replies
Once you have REPS the distinction between passive income (or losses) and active income (W2) disappears and all those tax losses you have been banking can be applied to the W2.Good luck
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12 November 2024 | 13 replies
I am looking for a way to log all the hours and activity spent on the properties. 1.
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12 November 2024 | 2 replies
I have suspended Passive Activity loss that would reduce the gain, but not eliminate the gain from tax POV.
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18 November 2024 | 5 replies
It is also my understanding that this would result in large tax returns (from depreciation offsetting my other active income) that I could use to continue to expand my portfolio.
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23 November 2024 | 5 replies
You can also get into more active strategies like STR and rehabs, but the work required to get in this is significant and at that point you might be able to just get a new role with the same pay with the equivalent effort.Is your entire industry in a hiring freeze or just your company laying off?