
1 April 2024 | 60 replies
lolYes, you can cut your losses fast and then have a 0% ROI.

2 April 2024 | 43 replies
They try to desperately tie people leaving to the budget deficit but then have to admit it was more about reduced capital gains taxes and job losses in the tech sector.

1 April 2024 | 7 replies
I have a 3 bed, 2 bath STR on Airbnb that's been a loss and I have to come up with some ideas to change it or sell it.

31 March 2024 | 1 reply
Dear All,I have a question on my two rental properties: One property has a profit this year ($2k profit, but carry over loss is $30K); The other property is a loss ($4k loss, carry over loss is roughly $25K).

1 April 2024 | 10 replies
This process is quite specific and must be adhered to with strict guidelines, including timelines and the nature of the property being purchased.Another method is the lazy 1031 exchange which is banking passive losses on your 8582 FORM from depreciation on other parts of your grouped portfolio such as several other real estate syndications.

30 March 2024 | 12 replies
Will you also reimburse for food too, make sure this is talked about and put in writing so there is no confusion

31 March 2024 | 4 replies
Several factors can increase or decrease the adjusted basis, says McGuff.Increases in adjusted basis can result from:The cost of additions and improvements to the houseMoney spent to restore the property after damages or lossLegal fees incurred in relation to the propertyDecreases in adjusted basis can result from:Receipt of insurance payments due to a casualty loss or theftTax credits for home energy improvementsIf you sold your primary home last year, there’s little you can do to avoid capital gains tax liability when you file taxes this April, Liddiard says.

1 April 2024 | 8 replies
I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

31 March 2024 | 3 replies
If that were the case, you could claim a $100k loss in your purchase.

31 March 2024 | 2 replies
Your lender will also have minimum guidelines for what they require, but I recommend getting rental loss coverage on your deals.