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26 November 2024 | 2 replies
As I've observed, after a down period, the market tends to recover and show growth for approximately three years.Timing the market is a skill every real estate investor should develop.
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19 November 2024 | 6 replies
@Rud Sev Your Section 1231 losses from the sale of rental properties were likely correctly reported on Form 4797 (Part I) as ordinary losses, allowing them to offset all types of income.
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29 November 2024 | 7 replies
We’re at a loss on how to resolve this and make our home livable again.
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19 November 2024 | 12 replies
Once you have REPS the distinction between passive income (or losses) and active income (W2) disappears and all those tax losses you have been banking can be applied to the W2.Good luck
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25 November 2024 | 7 replies
The income/loss flows to your personal tax return.Â
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25 November 2024 | 1 reply
Loss of income is another coverage that you will probably want to cover any period of time you can’t rent out the apartment due to a covered loss.
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27 November 2024 | 26 replies
So, if the tenant did that and got fired, you are the landlord would compensate them for the loss of their job?
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25 November 2024 | 0 replies
From utilizing 1031 exchanges to offsetting gains with losses, the right approach can make all the difference in your investment journey.
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30 November 2024 | 14 replies
I've kicked the can down the road, and it ain't good.If you don't think a higher paying tenant will not show up, I would consider cutting my losses and trying to sell.
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23 November 2024 | 1 reply
A few updates that didn't fit into the above post:The attorney who handled our closing offered to assist the sellers pro-bono in an effort to recover some of the equity.