Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
13 October 2024 | 11 replies
I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss.
Chris Berry
Section 8 tenant thoughts
24 October 2024 | 33 replies
Like I have time to deal with the government and call 1-800-section 8 and di*k around on voicemail to get someone to say "uh er can I please have my money?"
Sanjeev Advani
7-Eleven Announces Store Closures Amid Buyout Consideration
18 October 2024 | 0 replies
This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
Plus another 14 K to re order .
Lori Brock
WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
I hope some of the deficiencies you mentioned have been addressed.
Scott Egbert
Purchase of Neighbors House Off-Market
17 October 2024 | 3 replies
It does have a new roof.Zillo shows it at $474 K and they mentioned asking $420.
Edward Heavrin
Paying off a rental aggressively. Pros & Cons?
20 October 2024 | 84 replies
Quote from @Edward Heavrin: Quote from @Steve K.: If you're cash flowing positively, gaining natural appreciation, your interest rate is reasonable and your tenants are paying down your debt I don't see why you would want to make extra payments, personally, unless maybe you're ready to retire and need the extra monthly income to cover your living expenses, or you're worried about hitting a rough patch and not being able to make the payments.
Raheem Mcmillan
Starting Real Estat Journey
21 October 2024 | 10 replies
Quote from @Jasper K Juhl: Hey @Raheem Mcmillan, welcome to the real estate journey!
Sanjeev Advani
Can Federal Lands Solve the U.S. Housing Crisis?
19 October 2024 | 25 replies
Quote from @Steve K.: All of the builders I know could build a lot more homes if:1.
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
17 October 2024 | 1 reply
I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop.