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23 December 2024 | 5 replies
The reality is no one knows what's going to happen until 6 months later.
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26 December 2024 | 10 replies
While the idea of owning internationally is attractive, in reality it tends to be much harder to buy property in other countries (especially European countries).
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19 December 2024 | 10 replies
The wrong lender can sink you, and trying to scramble to find one may skew things.
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30 December 2024 | 819 replies
Make sure under the sink there at least a big piece of plywood that can take a water leak.
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19 December 2024 | 2 replies
I got to my current financial success through a series of well thought out endeavors but with a massive sink or swim element as I am often self guided..."
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31 December 2024 | 418 replies
is.... well it's idiotic, no 2 ways around that reality, it's dumb squared.
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25 December 2024 | 60 replies
So there is huge risk expecting the 15 year limit to be reality.
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20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
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26 December 2024 | 21 replies
These lenders essentially take the profits that rightfully belong to their clients—a practice that is not only unethical but destructive to the industry as a whole.The reality is there are plenty of good deals in the market.
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19 December 2024 | 3 replies
Well yes if you are successful.The reality is 87% of those who try to make a career at selling real estate fail out of the business within just a few years.