Phil Shelton
Exploring Rental Loss Write-Offs for Qualified Real Estate Professionals with $150K+
9 April 2024 | 10 replies
Can a qualified real estate professional with a W-2 income above $150,000 be allowed to write off rental losses on my tax returns?
Bob S.
Failed Attempts to Sell Land for 3 Years
12 April 2024 | 40 replies
Cut the price in half and take a big loss.
Haarden Shah
Easy Street Capital - Asking to wire transfer a deposit.
11 April 2024 | 23 replies
Its not a huge loss it’s just annoying and they are stealing peoples money.
Patience Echem
Needing input on how best to use my cash
11 April 2024 | 40 replies
Just split the money now when the cash is free.Also, paying all cash is usually a loss to you since the cash you spend is your cost.
John Chan
General contractor not performing
11 April 2024 | 10 replies
In the end, you may need to chalk that up as a loss as others have said.
Dom Nico
Small commercial vacant lot - potential use cases, short and long term
10 April 2024 | 3 replies
One quick solution that jumps to mind, until a bigger opportunity presents itself, would be food/coffee/beverage truck or trucks.
Frank Nguyen
No 30 day notice, do I need to return deposit back to tenant?
11 April 2024 | 6 replies
You can bill them for two month's of loss rent as you work diligently to replace them.
Raquelle S.
2nd mortgage / AIDT help!
10 April 2024 | 1 reply
Any 2nd lender has a much higher risk of a loss from the DOS, and that's if they can even wrap their head around the title/loan name issue.
Cheza M.
New to selling my SFH property out of state
11 April 2024 | 6 replies
My remaining mortgage balance is around $94k, so you can see that I’m already facing a significant loss in selling this property.
Nicole Tuffarelli
self directed IRA
10 April 2024 | 4 replies
Downside is need for a custodian (they don't work for free) and you can't use depreciation, and you can't take a loss.