
14 January 2025 | 1 reply
Unfortunately, this problem waste a lot of my time that could be spent on other investments.I have used the same tax professional for many years and he is very educated, but also much older than me and it's hard for me to understand all the reasons he has expressed why is better to put the rental on my personal tax returns.

22 January 2025 | 10 replies
You have a freelance job and you can qualify as REP I sharing this from my personal experience.

15 January 2025 | 15 replies
Consider doing this personally or using an LLC.

13 January 2025 | 0 replies
It wasn’t a massive deal—our expected assignment fee was $10,000—but when you’re growing a business, every opportunity matters.Everything seemed to be moving smoothly until the title search revealed a major roadblock: the mortgage discharge couldn’t be cleared because the person who needed to sign off was deceased.

31 January 2025 | 44 replies
Personally, my strategy (in the midwest) has changed over the past few years and BRRRR hasn't been the go-to approach as much.

23 January 2025 | 10 replies
Hi Adam,The seller pays the seller commissions and (usually) covers the buyers commissions as well so you shouldn't worry about those fees.The 10% vs 20% I feel like is a personal opinion.

14 January 2025 | 11 replies
Personally for what people charge for these programs I would say you are 1000x better off taking some courses at a local college, getting a degree and working in real estate to get paid for experience and then do real estate on the side for your own portfolio as well.

26 January 2025 | 17 replies
Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing.

16 January 2025 | 78 replies
I've personally helped many OOS investors here and they've been very happy with returns.

17 January 2025 | 24 replies
IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.