Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
However, these are the ones most commonly used:Five-of-Ten-Year Test: You must have materially participated in the activity for any five of the past ten years.500-Hour Test: You must have materially participated in the activity or activities for 500 hours in the current tax year.Step 3: Calculation your participation hoursEnsure you are tracking your participation hours.
Ximei Yue
Suggestions for my 1st Investment: Should I start with a BRRRR or focus on cash flow?
1 December 2024 | 31 replies
If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!
Jonathan Greene
Why You Should Stop Talking About Quitting Your Job Before You Have Your 1st Property
26 November 2024 | 46 replies
You want a strong foundation that is compounding, not a house of cards with no base.2.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
The machine guns must have been quite a show.Two dead after drug dealers open fire at five-star Hyatt hotel in Cancun: Panicked guests were instructed to hide, barricade their doors and given metal sticks to defend themselveshttps://www.dailymail.co.uk/ne...Men reportedly armed with machine guns opened fire at the Hyatt Ziva Riviera Cancun resort Thursday afternoonSeveral people said on Twitter that vacationers were told by staff to hideOne guest claims they manned the entrances to the basement and were given metal sticks and a pedestal bathroom sink to defend themselvesPolice said the shooting stemmed from conflict between members of hostile groups of drug dealers and that two people had diedThe shooting broke out around 3pm Thursday when men allegedly carrying machine guns fired shots on the beach area of the Hyatt Ziva Riviera Cancun resort in Mexico,
Jonathan Greene
The Top 5 Ways I See New Investors Lose Money On Their First Flip or BRRRR
19 November 2024 | 24 replies
If you get a red card, you can not proceed.
Sharon McCants
Should I sell cash flowing property to buy 2 more with the cash?
19 November 2024 | 28 replies
The market appreciates 3% per year.If you pay cash for one house and rent it for $1,500, after five years, you'll have earned $90,000 in rent income and gained $34,000 in appreciation.
Joe Mills
Pitbull Service Animal
23 November 2024 | 15 replies
We don't accept letters from three years ago or some quack on the phone with a credit card reader.
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I am down to five LMHA Section 8 houses and don't anticipate expanding that until they get their organization operating efficiently.
Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
20 November 2024 | 2 replies
Installments postmarked by due date or received within five (5) days of the due date shall not be considered late.
Drew Sygit
Camera Options for LTR Vacant Monitoring
18 November 2024 | 1 reply
I'm pretty sure it had to record to an SD card but this was 8-10 years ago, and I'd be shocked if they didn't have cloud recording models today.