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15 May 2021 | 0 replies
Participating in my first city tax auction next week.Any general tips?
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17 May 2021 | 11 replies
You need to smoke them out and get them to participate or you need to head towards eviction.As for Landlord assistance, you'll have to contact your state to see what is available and how to apply.
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26 July 2021 | 9 replies
Listen to the podcasts, attend meetups, participate in webinars, and become a regular in the forums.
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19 May 2021 | 13 replies
It's obviously likely a different target demographic than the listings at Pacaso.https://www.airbnb.com/rooms/4...One caveat to their offering is it's early stage so their are some bugs to the platform's app, which is iOS only, Android app on the roadmap, and it's not web-based so you can only participate using the mobile app.
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22 May 2021 | 7 replies
However, this is highly audited area and you will see some blocks:1) you need to find a right asset first that you enough depreciation with cost seg. 2) you need to materially participate in that activity.3) your losses might even be limited based other IRS code section. 4) You need to have an audit proof and documentation of real estate professional status.If we are talking about a huge tax bill, I’m pretty sure you would benefit from hiring a good CPA who can cut your tax bill.
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17 May 2021 | 4 replies
You have to have net passive income to utilize your suspended losses (unless active participation exception applies or RE pro status applies )
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17 May 2021 | 5 replies
Due to recent rule changes limiting how much sophisticated investors can put into a syndication it sounds like most Syndicators are no longer going to allow their participation.
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17 May 2021 | 12 replies
Having an HELOC in place allows to you participate as a cash investor, if the size of the HELOC is large enough, to win deals since the HELOC is easy to draw on—no waiting around a month or more for lender to approve a loan.
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1 June 2021 | 13 replies
In 2015 I was contacted to participate in a short sale as the second lien holder, but the agent could never get the deal done.
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25 July 2022 | 9 replies
To commercial participants it’s just another method of financing, one actually allowing 100% depreciation.