Tommy Harper
AI Prospecting Tool
26 November 2024 | 1 reply
Knowing that AI has natural language processing skills, I was hoping to see if it's possible to point, teach, interact, and then pull back responses for prospecting purposes.
Melanie Baldridge
One of the best strategies?
26 November 2024 | 4 replies
Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.
Jessie MacDonald
Mold problem with tenants
27 November 2024 | 4 replies
Electric and natural gas service may not be discontinued while you are in possession of your unit.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
Many of them have tons of market experience and investment knowledge because of the nature of their work.
Colt Price
Land and how to make it pay for itself
25 November 2024 | 4 replies
Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.
Priya Jain
Hello BiggerPockets! New PRO here
23 November 2024 | 11 replies
I'm particularly passionate about BRRR, Mid term rentals, Money lending.Outside of real estate, I enjoy nature, travel, healthy cooking.Excited to learn and connect with you all!
Kenneth Cheston
Renting a Basement in Baltimore
26 November 2024 | 13 replies
Anyone would consider a nice finished room with great natural light a bedroom, but in the off chance the tenant doesn’t pay rent then I would be in the wrong for letting he/she live there in the first place.
Bruce Tieu
Design and furnish strategy for non conforming duplex
26 November 2024 | 9 replies
Being that it's upstairs, that unit will naturally be able to control it and the bottom won't.
Glenn N.
Taxes with hard money lenders
26 November 2024 | 11 replies
Whether you classify it as business or personal income depends on the nature of the lending activity.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
Like Tarik and Christine.. or than merril or any of the others. its a natural progression and the HUGE money is made selling the information. to be fair and balanced like Fox news.. there are always a % of folks that come through these trainings that do quite well and the money they spent forced them to take action.. its just the other 90% who spend the money and well never really do anything..