It's also a great way to pass buildings down to your kids who want nothing to do with the active management business.

Due to the low amount I will owe to the hard money lender I want to get a HELOC to find and fund other deals but when I am not actively doing deals I want the cash flow.

i think your best bet is to try to build a network within the investing world so you're positioned as a hub, someone who knows a lot of people, and see a lot of transactions.  

I am having a doubt here, as this seems like active losses from the sale, whereas the property was a commercial rental property held > 1 year.

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

thanks Your best bet is to partner with a GC or find a GC that a friend of yours trusts.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

Hello,For a new project in St Petersburg, we are looking for an experienced project manager.Management of subcontractors, crews, and site related construction activities.

Hi Luca,a rate/term bridge with rehab budget would be your best bet. there would be no PPP's since it's a bridge, you'd be able to pay off the existing lien, and you'd get your funds to do some renovations to the property.I should be able to help with this, but I'd need more information on the property and how much in rehab you are looking to do.

First off, if you have passive activity losses carryovers (unused losses from previous years) those losses wil be recognized to the extent of your passive income (gain) from the sale.