Collin Hays
Smokies State of the Union
8 May 2024 | 33 replies
Unfortunately for him, I sold at the top and his performance has been barely break even despite managing it to its max.
Shanita Bowen
In the Camden waterfront community
6 May 2024 | 0 replies
I had NEVER participated in an auction and just submitted an offer $15k less than the original ask.
Leslie Stouffer
International RE help?
5 May 2024 | 3 replies
Ironically, before the last modifications of the forums were implemented, BP invited the main contributors to each forum to participate in a conference call with CEO Scott Trench to give feedback about the changes.
David Walton
Investing security deposits
6 May 2024 | 30 replies
I love investing in Ohio, because the security deposit laws are so vague and bare bones.
John Lim
First property and STR loophole with bonus depreciation
5 May 2024 | 2 replies
If I start running it as STR starting in June of this year, do I have sufficient time to meet material participation?
Theresa McGallicher
Short Term Rental Tax Question - Schedule C versus Schedule E
5 May 2024 | 17 replies
I met the Material Participation requirements that year, and took our taxes to our preparer with the expectation of a refund.
Account Closed
What activities actually matter for real estate professional status? (REPS)
4 May 2024 | 3 replies
Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.
Account Closed
Found Deals Off Market - Here's How
6 May 2024 | 62 replies
And from there it's just Ken trying to sell his "Guru" program which still makes me chuckle that someone who so barely has a clue what he's doing himself is billing himself as the "Guru" so-yeah, lol.
Lisa Burns
What's it really like to be a commercial MF syndicator? Will I be sorry I tried?
6 May 2024 | 23 replies
My intention is to actively participate in this venture for the foreseeable future, committing to a timeline spanning the next 10 to 20 years.5.
Shervin Golgiri
What would it take for the "Average Joe" to be landlord and receive Cash Flow??
3 May 2024 | 1 reply
Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive rental investment, considering that you have bare minimum equity in the Property?