John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
The lower barrier to entry would be excellent for my personally smaller net worth.
Chris Mahoo
Long term rental when you are not full time real estate professional
22 January 2025 | 10 replies
You’re going to deduct your tax prep, your internet, your cellphone, your computer, your tablet, your mileage if you’re involved in the properties, your home office, etc etc.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Secondly, calendar and email functions/apps on computers and smartphones provide great records and a log.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
You will have to pay higher personal income tax rate, versus waitingtill after one year for lower Capital gain tax rates.
Lisa Albright
Rehab personal home taking funds from rental property equity
13 January 2025 | 8 replies
Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...
Adrian Sopher
My Story; Life, Mistakes, and Opportunities!
19 January 2025 | 2 replies
I discovered working on computers was not in my DNA and switched to a degree in Finance.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
During this 24-month period, the property must be rented to another person at a fair market rental value.After the 24 month period your sibling could convert it into a primary residence.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
Well, three top reasons come to mind:It will allow you to deduct their earnings on your own tax return.It is required by law for any person to whom you paid at least $600 in 2023, total.
Rohit Raturi
Advice Needed: Buy Property under LLC or buy under personal and then move to LLC
20 January 2025 | 5 replies
HiI am starting my real estate journey in 2025 and started connecting with agents and lenders. My lender is suggesting me to buy property under my name and then transfer it to LLC later as there are not many financing...
Jimmy Rojas
Best place to get a -$40k personal loan
31 December 2024 | 3 replies
Many banks limit personal loan amounts.