
24 September 2024 | 14 replies
We charge a pet fee for visiting pets that is at the high end of boarding cost and at move out we charge to have HVAC professionally cleaned and carpets professionally cleaned (many of our units do not have any carpet) to place unit back in animal free state (many people are allergic to pet dander).

25 September 2024 | 7 replies
However, here are a few general suggestions that might help:Since you’re looking to offset rental income and don’t qualify as a real estate professional, one strategy could be to consider any capital improvements you’re planning in the near future.

24 September 2024 | 2 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.

26 September 2024 | 13 replies
Stop the bleeding and hire a professional.

24 September 2024 | 3 replies
How he solved that challenge was by establishing a network of professionals and like minded people in Real Estate.

23 September 2024 | 1 reply
Challenges have been mentioned above in the description Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

24 September 2024 | 4 replies
Treat everyone in this chain professionally, respectfully, and quickly.

24 September 2024 | 49 replies
(I'm not a legal professional - all I can do is tell you what I understand based on what I have learned.)

23 September 2024 | 0 replies
learning to use bigger pockets to find a good PM Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

23 September 2024 | 0 replies
learning to use bigger pockets to find a good PM Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?