Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
19 January 2025 | 42 replies
Qualified Joint Venture reporting is not available in this situation.
Donald DiBuono
Creative Finance Deal Need Advice!
9 January 2025 | 4 replies
If we rent to own, they are OK, but we cant refinance because we don't have the deed.Are there any unique scenarios to help us get the property for little money out of pocket, we have the ability to have the deedSign a lease agreement with a purchase option that allows you to buy the property at an agreed price at the end of the lease term, consider establishing a partnership with the seller to jointly invest in property repairs and improvements.
Tim Hem
Capital Gains and IRS Publication 523
9 January 2025 | 9 replies
But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
26 January 2025 | 10 replies
We are now married and I expect we'll file our 2024 taxes jointly.
Natalie Gelbke-Mattis
Ready to scale our hospitality portfolio
21 January 2025 | 2 replies
For your next step, you might want to look into seller carry arrangements and joint ventures.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.
Melanie Baldridge
!ualify as an RE Pro
24 January 2025 | 0 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
Tom Nagy
Stay away from RAD Diversified
20 January 2025 | 32 replies
Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they also do not pay back.
Tom Sahar
Joint Venture Model
21 December 2024 | 1 reply
Hello BP.As part of me and my partner plan to establish a Joint Venture with an investor, we are moving forward with purchase of a property in JV model.We would appreciate clarification on the following points:1.
Rou Odab
Opinion Needed ASAP
24 January 2025 | 7 replies
I'm not sure if the contractors are trained to exacerbate every single problem or not.We recently discovered asbestos in the compound joint.