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10 December 2024 | 5 replies
Call the Bureau of Professional Licensing to ask: (517) 241-0199
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17 December 2024 | 86 replies
These methods can sometimes provide alternatives to traditional mortgages.Conclusion:Before making any decisions, consult with financial advisors, real estate professionals, and lenders.
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10 December 2024 | 1 reply
Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.
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10 December 2024 | 3 replies
Also navigating town hall, we learned who calls the shots and who just thinks they do.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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10 December 2024 | 100 replies
Top real estate agents are still some of the highest paid sales professionals in the world.
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4 December 2024 | 10 replies
You probably had a little tickle in your moral compass which gave you pause, which is why you reached out.My wife is an accountant, when we look for every possible tax break it doesn't feel like theft, we feel accomplished to find a place for more savings and lose zero sleep over it.
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8 December 2024 | 14 replies
Obviously, legitimate wholesalers, who abide by our forum rules, use the messaging systems appropriately, and do not pretend to be investors when contacting professionals in our network, are welcome and encouraged to carry on.
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11 December 2024 | 15 replies
Or maybe there's a special sauce for sloppy tax professionals?
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10 December 2024 | 25 replies
Regarding your second question, are you asking if those activities help meet the IRS material participation tests or qualify you as a real estate professional?
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11 December 2024 | 29 replies
Maybe even less for reasons I just touched on.I'll spare some of the moral and ethical opinions on this, but I do feel we as real estate professionals, investors, and landlords also have an obligation to help provide housing to everyone.