Chris L.
Can I deduct passive losses the year my rental property sold?
13 December 2024 | 6 replies
The gist of it is that when you dispose of your entire interest in a passive activity in a fully taxable (as opposed to a tax-deferred) transaction to a non-related party, i.e., selling a non-grouped rental property in a taxable sale to a non-related party, both current and suspended passive activity losses generated by that activity can be deducted.
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Restrictions are placed to prevent potential buyers from acquiring those properties before they are disposed of by banks.
Michael Nguyen
New investor....Should I buy single or multi-family?
23 December 2024 | 14 replies
You’ll expedite your learning curve with more units and it’s still fairly easy to dispose of <4 unit if you want to exit.
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
10 December 2024 | 9 replies
Example:Dear Tenant,Per Paragraph 12 of your lease agreement, you must dispose of all trash.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
This allows the owner to “write off” the value of disposed assets immediately, rather than continuing to depreciate them.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
(I have children that could no longer play in the backyard unless someone sat and watched them) i replaced the 15yr old garbage disposal out of my pocket so I wouldn't have to deal with the incompetent plummer again.
Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
Under their Class A it's my understanding that if everything goes exactly right when they dispose of the asset you get your principal back and a tax bill.
Thomas Lebens
Can a rookie use a DSCR loan for a duplex?
15 December 2024 | 18 replies
@Caroline Gerardo @Thomas LebensCaroline - From the info you are providing, it just sounds like I just have a broader list of DSCR wholesalers at my disposal that offer better terms than those you are using.Thomas - The bottom line is that you can definitely use a DSCR loan to meet your needs and achieve your investing goals.Have a GREAT weekend!!
Scott Zeiger
Appliances
17 December 2024 | 29 replies
I've always supplied garbage disposals (though may only supply those in high end homes from here on out) fridge, dishwasher and range/oven.
James Wise
Failed Leadership is why California is on fire.
17 January 2025 | 135 replies
This could be simple as a coordination of who the debris disposal transportation will be that everyone uses, so it's 1 entity vs 40 trying to get in and out cluttering up area.