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25 January 2025 | 5 replies
Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.
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21 January 2025 | 5 replies
I am thinking about doing this full time and was wondering if there was a coach/professional i could speak with to give me an honest assessment on my current real estate portfolio?
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22 January 2025 | 4 replies
Readers should seek professional advice.
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4 February 2025 | 12 replies
Several questions that will allow financial professionals/planners to help you make an informed decision include: what are you paying in rent?
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28 January 2025 | 16 replies
The final straw was just last week when tenant randomly attacked my competency in my professional career.
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21 January 2025 | 10 replies
Your best bet is to ask for referrals from professionals in the space: realtors, other investors, this forum, FB groups, etc.
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31 January 2025 | 20 replies
Companies tend to do well when they professionally respond to negative posts, and either provide their version of events and stand their ground, or do what it takes to turn the angry poster into an ally.
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19 January 2025 | 7 replies
@Victor Yang To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.
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21 January 2025 | 10 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
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7 February 2025 | 22 replies
Readers should seek professional advice.