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Results (10,000+)
Cameron Davis I’m thinking of using my rental as a sober living house
27 May 2024 | 28 replies
I've been through it I know the process I know the procedure I know how to help and I know how to actually have them succeed instead of failing or going back to their old life because they feel like they can't make it because of no help or guidance from that house and also when you don't have food and you're in the recovery house and halfway houses will give you food will have house food sober houses are different because they don't have much food for the house you have to provide that yourself and you don't have clothes it's all very stressful and figuring it out with no help on the outside world sucks but I would only make one meeting a week and the rest of the time I would make them do the nightly meetings daily meetings with the house have it set up where they have to work on themselves daily Yes they do have to find jobs during certain times during the day and be productive and show their productiveness every day and where they applied and what they did and have other programs other people available 10 agencies whatever can be agencies temp agencies to assist in putting those persons in a job right away at least have something to focus on I couldn't find a job in Pennsylvania I applied everywhere nobody wanted to hire me so there's a lot to this scenario but three to five meetings a week is ridiculous because that takes up too much I'm an energy I would focus on another route another way of making them successful and making them educate themselves in another way instead of focusing on the addiction because then you want to go back to using 
Josh Sturniolo Rent or Sell?
28 May 2024 | 8 replies
If you sit vacant for one month, that's a loss of $2800 (mortgage, utilities, lawn mowing, etc.) and it would take 35 months of $80 cash flow to earn it back.
Kadia Lawrence How to calculate 3X income rule for section 8 and Minimum credit score
27 May 2024 | 4 replies
Quote from @Kadia Lawrence: I won't accept new renters with section 8 because HUD delays are ridiculous and result in additional loss of income.
Carol Lam Wealthability program testimony?
29 May 2024 | 27 replies
According to wealthability contact, our shares given to daughters will be considered passive income and therefore able to offset passive losses from rental investment in the future.my cpa does not do any of these planning for us and we paid a lot of taxes (especially after Biden).  
Chris Turek 2nd mortgage or HELOC on investment property in NJ
27 May 2024 | 6 replies
Here’s why:- unless you strategically reported your taxes as making 100% income and not reporting an entire loss on your schedule e - you will most likely not find a lender who will qualify you for a HELOC.
Solomon Rosenberg 2 Capital calls in 2 weeks! Ouch
26 May 2024 | 102 replies
Do a tax loss harvest  4.  
Nick C. Amend Return or Utilize Carry Forward
26 May 2024 | 8 replies
When I asked why, I think I understood them to say they included the depreciation for both years on 2023 and there is a carry forward of losses ($13k).  
Paul Novak Dealing With Neighbors
25 May 2024 | 12 replies
Many people in the area use these deer for their food.
Doraine Warner Thinking of buying vacation rental condo in Puerto Aventuras, MX
26 May 2024 | 4 replies
If you aren't planning to try to resell, you won't risk having to take a capital loss.
Jeff S. Living off rentals
31 May 2024 | 187 replies
What else do you need once you have good food and great weather and a sandy beach. 3k is certainly a good feeling and someday if you choose it could grow with less debt if you did nothing else.