There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

You are completely liquid, don't have to take on the risk of failed deals, vendors/partners that steal from you, or trusting a stranger to manage your properties well.I know that "buy index funds, don't buy real estate" was probably not the take that you came here to get, but that's how I see it in the current market unless you want to be a hands on investor.

He's an investor himself and recently left his role as partner at the largest firm in the area to start his own company.

For my partner and I, it’s a question of effort vs return.  

We recently signed up with Steadily, which is the preferred insurance partner of FurnishedFinder.

Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land.

My partner and I put on some investor forums monthly in Scottsdale, great way to connect with other investors.

I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

@Sarah LewisRentRedi is partnered with TransUnion for screening and provides the Full report for credit, criminal and eviction.