Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
@Nathan G.
Jean G.
How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
Quote from @Jean G.: Hello, I have been seeing increasing opportunities recently to bid on non performing notes on commercial properties that banks are trying to offload.These notes usually have the following characteristics:The note has reached maturity several months ago.
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
Whoever gave this person “women of the year award” should be sued for doing zero due diligence on this person I agree, please report that organization which is POWER magazine
Marc Shin
any buy foreclosed properties through Federa Inc?
14 November 2024 | 5 replies
@Marc Shin @Pancham G.
Jamie Parker
Reinvesting in the business (How to structure paying self)
15 November 2024 | 17 replies
@Jamie ParkerThe only justification for going to 10X is to snap a selfie with Uncle G and post it on Insta to "keep up" with your buddies.
Melanie Baldridge
RE Pro status to make the best case with your CPA and the IRS
12 November 2024 | 1 reply
If not, even though you are a re pro, losses are passive & deductions are limited.There are 7 scenarios that will qualify as material, and you only need to meet one:*500 hours*Substantially all participation*> 100 hrs and at least 1/2*Significant participation*5/10 years*Personal service activity w participation in last 3 years*Continuous participationTo materially participate, you must be involved in the operations of the activity on a regular, continuous, and substantial basis.Once you pass the pro test, the material participation often comes along for the ride.You can elect to aggregate all rental real estate for purposes of measuring material participation under Sec. 1.469-9(g).Your time spent on all your rental properties (STRs don't qualify) counts as one activity, making it easier to materially participate.In order to make a strong case with your CPA and the IRS you need to document your hours.Best practice is an hours log where you are as specific as possible.
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
@Jason G. what would you consider a viable investment strategy?
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Crypto Firms Quake as Prices Fall - The New York Times (nytimes.com)Most popular comment G.
Chris G.
Sending Tenant to Collections Without Application?
5 November 2024 | 5 replies
Hi @Chris G., I'm wondering doesn't it need to first go through court?