Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
You can break it out by general RE activities and material participation.
Kris L.
Agent Conundrum in Dunedin
23 January 2025 | 2 replies
The one with the higher number has 1 active and 3 pending listings pretty similar to my property.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
Material participation in the rental activities still required.
Josh Ball
How often do you update your STR listing photos?
27 January 2025 | 6 replies
I do try and tweak pricing just so it sees that there is active updates on the listing sites.
Dylan Fraembs
New Member Looking to Connect!
27 January 2025 | 8 replies
Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Baselane seams to be more normal for transfer/deposit limits and you can create multiple virtual accounts for each property.
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.
Angel Perez
Can I get a loan for a property uninhabitable?
24 January 2025 | 12 replies
I've done a few deals where the bank offered purchase + rehab funding up to 75% ARV, and then it converts automatically to a normal mortgage loan at the end of the rehab.
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
It's not that different from a normal rent increase.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Visit with people there and you'll get a more detailed look at things from people actively working in the areas.