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30 November 2024 | 10 replies
We have worked with Investors and they are never really married to their Realtors unless you happen to connect with somebody looking to do a long-term hold and actively trying to find a good realistic deal.
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5 December 2024 | 37 replies
Avoid "passive" investments, focus on "active" investments to deter risk and really prioritize quality over quantity.How much funds do you have to get this started, you'll need 10x what you have to get remotely where you want to be.
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26 November 2024 | 4 replies
Uses the syndication depreciation losses to help offset active incomeI did read your post mentioned above @Michael Plaks which is very informative.
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26 November 2024 | 4 replies
Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.
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7 December 2024 | 14 replies
But we have a smaller one (1100 sq ft) in a lesser subdivision and not gatlinburg that is getting tons of activity since we put it up for sale and it isn't complete.
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30 November 2024 | 16 replies
No matter the strategy so you can be ready in case anything happens where you lose your active income or a tenant moves out without notice whatever the case may be.
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26 November 2024 | 13 replies
I think the first question you need to answer is if you want to be an active investor or a passive investor.
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1 December 2024 | 68 replies
Yes, actively asking for investments on July 18th and revealing suspension of payments on July 20 seems a bit odd and poorly done.
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1 December 2024 | 93 replies
If you an active syndicator I'd love to connect.
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26 November 2024 | 10 replies
Someone has to manage the rental, and it's very active.