Ben Johnson
Rental Income only - HELOC (accessing equity in hard times) HELP!
15 December 2024 | 12 replies
I'm a CA resident, so gains would be taxed as ordinary income.
James Wise
Why do people Buy Property in California
22 January 2025 | 203 replies
(BTW - The NET loss was about 700 people per day.)Newsweek - More Americans left California between 2023 and 2024 than any other state across the country, according to new data released by the Census Bureau.The Golden State lost a total of 239,575 residents to other states, the largest net domestic migration loss in the country over the past year.
Harsha G.
Private Lending - Passive Losses on Schedule E
11 December 2024 | 7 replies
If you run a lending as business, your interest will convert to ordinary income and could be passive based on your involvement.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
Predatory lease option investors know that and do that by design, they will keep the 5k-10k option payment after 12 months and lease/option it to the next family who is chasing after the American dream.
Carl Richardson
What contract or forms do I use for wholesaling deals in Texas?
12 December 2024 | 13 replies
The one to four is a very comprehensive contract that covers everything and even has room for special provisions when something out of the ordinary needs to be spelled out.When doing not so normal purchases like a sub-to, I dont use the TREC, but one that I created from several other contracts.
Melanie Baldridge
A quick mini guide on Bonus Depreciation
10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
The city serves as the headquarters of several well known American companies including: Cerner Corporation (Oracle), T-mobile (Sprint), AT&T, BNSF Railway, GEICO, Garmin, Honeywell, and Hallmark.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
In addition, in the African American Community, this is like the first or second generation where people can pass down anything.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
It's really, really looking more and more like an episode of American Greed.
Felipe Mejia
HISPANIC/LATINO REAL ESTATE INVESTING
15 December 2024 | 18 replies
I'm neither Latino nor American so I'm not sure I can be very helpful with Latino investing in the US.