
19 December 2024 | 13 replies
I’m a little nervous about the 6% investment property tax here in SC!

31 December 2024 | 97 replies
Quote from @Josh Holley: I will also never purchase another property from you again after this interaction and your lack of professionalism.

3 January 2025 | 18 replies
People are going to start thinking about spending their tax refunds in the middle of January.

26 December 2024 | 5 replies
@Paola Astrid Find the local NARPM (national association of residential property managers) chapter's website and you'll find a list of each professional PM.

23 December 2024 | 5 replies
With a background in residential real estate, I’m eager to expand my knowledge and build connections in the industry.I’m especially interested in networking with like-minded professionals who are passionate about creating value through real estate.

1 January 2025 | 3 replies
Here are the pros as i see it: easy (no purchase necessary, you know the property), likely prop 13 property tax discount, possibly below current rate loan.

28 December 2024 | 11 replies
Also assessment never picked up those multiple sales and the parcel was being taxed at 8 acres.

25 December 2024 | 10 replies
The more professional you stay, the better.

20 December 2024 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.

20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.