Engelo Rumora
FTX Disaster! What Next?
19 March 2024 | 12 replies
Built up a large position in a variety of tokens since 2017.As I traded, moved from one exchange to another and settled on FTX for the time being.Was 1 day late in being able to process the withdrawal.You win some, you loose some I guess.Would have preferred tokens going to ZERO than loosing the game in such a way.Any of you crypto folks believe in potential asset recovery?
Andrew Campolattano
Will a blanket mortgage allow me to get more conventional loans?
21 March 2024 | 2 replies
I’m not sure I want to trade up yet as duplexes and tri’s have been my sweet spot.
Shane Duncan
New Investor Trying to Get Started
21 March 2024 | 5 replies
I am software engineer by trade, but have always loved and followed real estate.
Jose Hammer
Qualified Business Income Deduction for Rental Property
20 March 2024 | 2 replies
I own 1 profitable rental property and I am retired, keep separate records on my rental property.According to IRS guidance it states: "If an interest in real estate fails to satisfy all the requirements of the safe harbor, it may still be treated as a trade or business for purposes of the section 199A deduction if it otherwise meets the definition of a trade or business in the section 199A regulations."
Krystal Giron
Best way to prepare for CA CSLB General Contractor B License
20 March 2024 | 2 replies
I used an online crash course and it helped, also for the trade exam.
Amy Hu
How to put 750 hours to qualify as real estate pro for tax
22 March 2024 | 19 replies
Must have been nice 😛 To qualify for the status there are two tests: 1. spend 750 hours in a real property trade or business, AND spend more then half your working time in it.
Kristina Jensen
Tax deduction when using Reward Points for travel
20 March 2024 | 19 replies
However, expenses while at the destination which are properly allocable to the taxpayer's trade or business are deductible even though the traveling expenses to and from the destination are not deductible.(2) Whether a trip is related primarily to the taxpayer's trade or business or is primarily personal in nature depends on the facts and circumstances in each case.
Account Closed
Selling My Home & Real Estate Commissions
22 March 2024 | 28 replies
3/15/24Home sellers would no longer be forced to pay up to 6 percent commission to agents under a settlement that experts say will drive down prices.American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.
Account Closed
Home sellers would no longer be forced to pay up to 6 percent commission to agents
25 March 2024 | 214 replies
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commission.The National Association of Realtors, a powerful organization that has set the guidelines for home sales for decades, has agreed to settle a series of lawsuits by paying $418 million in damages and by eliminating its rules on commissions.
Dana Powell
Recommendation of lenders who use leases vs market rent for DSCR
20 March 2024 | 15 replies
But with all things, there's a trade off.