
15 July 2024 | 5 replies
This makes more sense to us than relying strictly on rigid yes or no criteria where any negative disqualifies a candidate entirely.Some criteria is weighted more heavily and can overcome negatives.

13 July 2024 | 10 replies
I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule PN Line 11 Column B.My confusion is for federal tax, I know passive loss should be filed with 8582 and put 0 in 1040.
16 July 2024 | 4 replies
The Exclusions From Coverage for a standard ALTA Owner's Title Policy provides:The following matters are excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys’ fees, or expenses that arise by reason of:4.

16 July 2024 | 12 replies
Dave is correct -- If your appreciation is incorrect, you will be in deeper doo doo.You can write off losses to lessen the pain.

15 July 2024 | 10 replies
For example, if you had a full time job (2000 hours per year), you'd have to justify that you did 2001 hours doing real estate related activities.See the IRS' page regarding activities: https://www.irs.gov/publications/p925#en_US_2022_publink1000...The other question is why are you have so much passive losses to bring onto your main 1040?

15 July 2024 | 8 replies
In 1984 pyschologists Daniel Kahneman & Amos Tsversky showed how humans tend toward irrational risk-seeking when facing an expected loss -- a loss like holding cash (equivalents) during inflation.

17 July 2024 | 37 replies
Not too mention tenant damage, vacancy loss, eviction costs… these are just a few things that come to mind that I’ve had with my small portfolio over the past 15 years or so.

15 July 2024 | 4 replies
When asked why, he stated that because I am a passive investor (limited partner), I can only apply passive losses to my passive income.

15 July 2024 | 65 replies
Insurance in most cases only cover mold/fungus IF the mold was caused by a covered loss.

16 July 2024 | 7 replies
Fund that flip is smaller, but also less investors, so at least the deals are not funded in just a few seconds.Both platforms suffer from some of the problems that pretty much all of the hard money loan platforms do: not enough volume for someone wanting to maintain a large portfolio, not enough conservative 65% LTV loans, too may loans and judicial only states (where it's extremely expensive and time-consuming if you need to foreclose which can cause losses), and single note risk (i.e not diversified).