Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):REAL Red Flags That Matter:The Partner Complaint TriggerDisgruntled partner files Form 8082K-1 disputesPartnership disputes leading to tax filingsReal Impact: Instant IRS attentionSuspicious Loss ClaimsLosses exceeding investmentArtificial basis inflationSudden large losses without economic realityExample: $100K investment claiming $500K lossesRelated Party GamesCircular property flipsBelow-market transfersFamily partnership schemes without substanceWatch Out: IRC §267 and §707(b) violationsDebt Engineering Red FlagsBasis inflation schemesArtificial guarantee arrangementsPartner debt shifts near year-endCritical: IRC §752 compliance matters!
Timothy Hilario
Real Estate Advice
28 January 2025 | 2 replies
Hi everyone,I bought my first studio condo in Astoria, NYC, last December. I’m originally from Long Island but have always wanted to buy in NYC and potentially settle here long-term. My plan was to keep the condo as m...
Luis Herna
Can a Licensed Real Estate Agent out of state represent a buyer
22 January 2025 | 6 replies
Quote from @Luis Herna: Let say I am a licensed real estate agent in oklahoma and there is one buyer in new York wanting to buy a property in Texas.
Vanessa Lozano
New Member from San Antonio, Texas - Looking to start my real estate journey
21 January 2025 | 16 replies
It's an amazing place to learn and grow in real estate.
Michael Klick
2025 and Looking to Invest in Real Estate
21 January 2025 | 7 replies
A partner and I, both of who work a full time job, are looking to get into real estate investing.
Justin Snead
Becoming a Real Estate Agent Best Advice.
14 January 2025 | 5 replies
Hey Justin, I agree with what others have said—you don’t need a license to become a real estate investor or entrepreneur.
Erika Andersen
Real Estate Attorney in Orlando, FL to review property management lease
21 January 2025 | 1 reply
Does anyone have a real estate attorney recommendation to review a property management lease?
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
Anthony Bodota
New to real estate and ready to learn!
15 January 2025 | 2 replies
Anthony, welcome aboard.. it’s always exciting to see new folks exploring the world of real estate investing!
Alison Robinson
Chicago Commercial / Residential Property Management Company
16 January 2025 | 3 replies
Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.