
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
13 January 2025 | 21 replies
If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work.

15 January 2025 | 13 replies
Even if they do not, it’s not your legal responsibility.Long version: It actually depends on your method of payment, and it’s not always clear.Credit card payments: clearly not you problem, no 1099s needed.Zelle payments: you DO need to send 1099s for Zelle payments.PayPal, Venmo and Cash App payments: this is where it gets tricky.

7 January 2025 | 12 replies
That way, you can get your foot in the door, start building equity, and stay at home a bit longer to save more money.You could also consider the BRRRR method where you buy a fixer-upper, rehab it to add value, rent it out, and then refinance to pull your cash back out.

19 January 2025 | 51 replies
(https://rent-remind.com/)Tenantcloud: Yet another jack of all trades app.

10 January 2025 | 22 replies
His reputation in the real estate world is garbage and he loves to say he does not trade time for money yet to find, purchase and renovate over 700 properties, deal with Section 8 tenets, time spent dealing with lawsuits etc he is doing exactly that.

21 January 2025 | 31 replies
I was frustrated interviewing professionals to find out I often knew more than they did (specific to real estate) only because I am always reading and continuing to learn my trade to the best of my ability.
3 January 2025 | 4 replies
With property insurers’ profitability and trade combined ratios improving, we can expect some relief soon.

7 January 2025 | 24 replies
@Bob Asad I like the individual sub account method escrow account, but there are multiple different ways to hold security deposits and multiple laws in different states.

26 January 2025 | 48 replies
I absolutely target retention through many methods.