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Results (10,000+)
Daljit S. Eviction taking forever - anything else can be done?
20 December 2024 | 9 replies
I used an attorney to file for eviction and we had the court date towards the end of October.
Melanie Baldridge “active income” and “passive income"
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.
John Marchefka Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
The most important thing is to know the details of your local program like the back of your hand, then look for loopholes.Just to give you and the other BP'ers a deeper handle on why some TDR programs work and some don't, I just uploaded an excellent study on the topic to my FilePlace at http://www.biggerpockets.com/files/user/ChrisNewma...
Brandon VanTuinen First house hack - too expensive?
20 December 2024 | 9 replies
Without house hacking, your figures would look like this:$1850+1850 = $3700 - $1500 - $3200 = $-1000 net in your pocket (let's skip principal paydown and tax benefits for now).With house hacking, your figures would look like this:$1850+650+1500 = $4000 - $3200 = $800 net in your pocket. 
Cynthia Lee Partial rent payments
28 December 2024 | 13 replies
For me, that includes late fees, the cost of the eviction filing, etc.
Greg Weber Has anyone done business with this company or person
19 December 2024 | 37 replies
I am in contact with an attorney in RI and we are looking at possibly doing a joint filing against Teshaw.
David Sam Cost segregation study recommendations
26 December 2024 | 7 replies
The study doesn't need to be completed by year-end but should be done early for 2024 tax filings.
Ryan Duphorn Mid term rentals specifically targeting traveling nurses
21 December 2024 | 5 replies
Maybe have the principal bedroom with their own bath at 1500 per month and two other bedrooms that share a bath at 1300 per month each.
Mitch Davidson New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
https://www.facebook.com/buncombeGov/videos/628829406107729Here is an infographic explaining the proposal in its current state: https://www.buncombecounty.org/common/planning/calendar-file...The planning board (who only have the power to pass a proposal on to the commissioners who would actually vote it into law) voted and agreed to hold the public hearing, yet not vote on the proposal until they have had more time to review, get focus groups together including more voices, and understand all sides of the concern. 
Paige Halamicek Buying land with a mobile home but want to sell mobile home
25 December 2024 | 4 replies
Elimination of title means that the owner has made the mobile "permanent" by removing the wheels, placing the mobile on a foundation, putting skirting around the mobile and filed the correct paperwork.