Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
The loss may potentially be disallowed.Best of luck
Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
Since this is my first project, I’m very open to any advice or suggestions—especially regarding potential obstacles I might not have considered.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
If I could find 100 doors and put together as a group, what do you feel the exit potential is on this?
Jonathan Van Dyke
Anyone work with Broad Street Global Funds
7 February 2025 | 28 replies
Any potential or existing Broadstreet investors should be aware that the SEC recently filed a lawsuit against the fund and its principals and asked the court to issue a temporary restraining order, appoint a receiver, and order an asset freeze.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
Being a brand new unit you have rehabbed you might have to get her out rather than potentially ruin the whole unit by an act of her negligence.
Tayvion Payton
Thoughts on a Multi-Family Deal in 76104, Fort Worth? Looking for Cash Flow!
21 January 2025 | 3 replies
Negotiating Price: What’s a reasonable offer given the current income and potential for more?
John Chapman
Reporting loss from a rental property fire and the insurance proceeds
6 February 2025 | 10 replies
@John Chapman Since your insurance payout ($300K) exceeds your adjusted basis ($50K), you’re facing a potential $250K taxable gain.
Ryan Daulton
Benefits of self-directed IRAs
14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
Niranjan Sathish
Lancaster City - Short term rental investment advise
14 January 2025 | 5 replies
Thank youBest,SathishkumarI would potentially try starting out being a cohost in that local area or work for a cohost company .
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
24 January 2025 | 3 replies
Why ask: This helps you understand how many people have succeeded under their mentorship, giving you an idea of the potential outcomes.