Chris L.
Can I deduct passive losses the year my rental property sold?
13 December 2024 | 6 replies
The accountant said that NJ allows one to “adjust” the basis in the property to the extent no benefit was obtained from depreciation...you do not get to take losses from real estate to offset gains on sales of property in NJ.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
Buyers are Liars" You'd think most buyers would be smart enough to stop lying when their lies have been publicly disproven.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
Start by setting up a proper business structure—an LLC or S-Corp—and obtaining an EIN.
Jonathan Cooper
Prorated depreciation for str
11 December 2024 | 16 replies
I have seen a tax attorney on YouTube specifically saying you can take a full year of depreciation even if you buy in December but all I see in the IRS publications indicates that you have to prorate based upon the time it was available to rent.is there a rule I am missing?
Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
Correspondent lending typically takes one of two forms: delegated or non-delegated.One approach is to obtain your loan purchaser’s criteria and documentation, (hopefully) adhere to them scrupulously, and originate the loans yourself.
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
15 December 2024 | 13 replies
It does have nice destination and asan owner i like the private beach (not so good for the public).
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
To this day, Jorge Newbery and AHP Servicing, LLC have not deposited any funds into the Court’s registry"Only providing the above information based on what was last available in public record and not providing an opinion on whether the above statement is true or false - just providing an excerpt from this link: WAWD CM/ECF Version 1.7.0.2 (uscourts.gov)
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.
William F.
Open reviews on land investing programs
17 December 2024 | 13 replies
Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc. 5.
Carl Richardson
What contract or forms do I use for wholesaling deals in Texas?
12 December 2024 | 13 replies
"As public records, the contract forms adopted by the Texas Real Estate Commission are available to any person."