Patrick Belanger
Hello from Edmonton, Alberta
15 October 2024 | 1 reply
Let’s definitely connect—always down to share market insights and trade notes.Keep crushing it!
Johnny Lynum
The Best Financial Advice You Wish You Knew Sooner?
16 October 2024 | 5 replies
There will come a moment in time that it makes sense to sell, leverage or trade it.Be decisive.
James Sedano
IRA withdrawal to fund investment properties, can a cost seg help to reduce tax bill?
14 October 2024 | 12 replies
To qualify as a real estate professional, a taxpayer must meet both of the following criteria:Taxpayers perform more than 50% of services in real property trades or businesses in which they materially participate.
Graham Lemly
First Property - Which of these 3 Options Should I do?
14 October 2024 | 4 replies
Idea is I could “trade-up” houses, get some trapped equity out of condo, and eventually keep this in my portfolio long-term, for a similar PITI.
Adolphus Fletcher
Can you avoid personally guaranteeing mortgages through business?
15 October 2024 | 14 replies
While DSCR loans focus more on the property's cash flow than your personal income, most lenders will still require a personal guarantor to reduce their risk.Keep in mind that DSCR loans typically come with higher interest rates than conventional loans, which is the trade-off for the easier qualification process.
Elena Fabri
Property Management - CLEVELAND
16 October 2024 | 21 replies
It is a trade group for management companies specializing in residential property management.
Jane P McDonough
Cost for framing/ moving walls
15 October 2024 | 6 replies
Hi Jane--I'm a GC by trade who turned to flipping 3 years ago...Here is the skinny--it depends on these things.
Deborah Wodell
For Experienced Investors: Lessons from Your First Fix & Flip?
14 October 2024 | 4 replies
As a GC by trade, I have subs every week pushing to do more in a certain area saying 'You can just charge more for the house.'
Marc Lock
Claiming RE Professional Status as a W-2 Employee
14 October 2024 | 4 replies
To qualify for REPS, the taxpayer must spend more than 750 hours per year in real estate trades or businesses in which they materially participate, and more than half of their total working hours must be spent in real estate activities.