Timothy Michael Mick
Transaction Coordinator Law
9 June 2024 | 35 replies
However, if a transaction coordinator does not have an active real estate license, they cannot participate in brokerage activities like negotiating repairs and contingencies...."
Alex Granados
New Member Looking to Network
7 June 2024 | 3 replies
I think you will need to participate in the meetings yourself to determine if they are worthwhile for you.Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.
Ashley James
STR Tax strategies for Primary Residences
7 June 2024 | 3 replies
As for writing it off on active income, you’d still need to qualify as a REP (or spouse) or have material participation.
Heather Little
Real Estate Professional Status Qualifications
6 June 2024 | 3 replies
In addition, you are also required to materially participate in each property or group the activities.
Jason Knight
I'm Starting a STR Mastermind - Want to Join?
7 June 2024 | 69 replies
@Ryan Foster @Michael Sato @Jonathan Avellaneda @Garrett Kroll @Giani Brussich @Priscilla Pimienta @Lyndsey Garza @Steven Caldwell @Michael Jones @Dave FiniganPlease message me and answer the above questions (especially schedule) in my reply post above by tonight if you would still like to participate.
Sandra Quinn
Generating Passive Income in Orlando
7 June 2024 | 3 replies
And even those aren't really passive because you have to be consistently monitoring the performance of the vehicle to be sure they're not running it into the ground, participating in capital call discussions, etc.
John Tarantino
Cost Segregation Questions
6 June 2024 | 6 replies
1) Will you lose material participation in the cost segregation if your property is in a neighboring state?
Avrohom Green
I have $20,000 in cash is there any way to get into the market?
7 June 2024 | 19 replies
It would help if you could participate with someone else while gaining knowledge, what I mean is, its better to be applying or thinking about applying the knowledge as you learn it rather than just absorb a bunch of knowledge but not go through the difficult part of applying it to the real world.One thing you can do is look at strategies you would like to do.
Peter Gulati
Generation Z Advice Needed!
7 June 2024 | 11 replies
He has watched and superficially participated since birth but has not acquired certain knowledge.
Shravan Hemchand
Cost Segregation on new construction - STR
6 June 2024 | 19 replies
@Michael Plaks has a great post on this topic.2 - Assess the value of those tax deductions to you: The value of a deduction depends on (a) whether you're actually able to use it to reduce taxable income and (b) your marginal tax rate.As an STR, assuming the average rental period is 7 days or less, key items to consider are: (a) material participation and (b) avoidance of "excessive" personal use.