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24 January 2025 | 11 replies
If you are a REP, then it will deduct from active earnings.
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31 January 2025 | 26 replies
There will be stuff like this that activates your "spidey sense".
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27 January 2025 | 18 replies
I don't think any insurance carriers will give you a new policy these days if there is active K&T.
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11 January 2025 | 31 replies
Once you think there is no law pertaining to the activity then the work begins this is a belly to belly business your not going to do this on E mail and text messaging .. you will need to be able to sit down with these folks or it will never happen.
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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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24 January 2025 | 36 replies
What ROI do you need to justify the liability and active nature of owning a rental property?
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25 January 2025 | 18 replies
Is this post even active anymore, 7 years old?
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9 January 2025 | 5 replies
There are several companies that send letters and some are active on Bigger Pockets.However, I would caution you to set expectations appropriately.1.
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4 January 2025 | 5 replies
Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.