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22 January 2025 | 25 replies
However, it’s crucial to track and document all hours worked meticulously to demonstrate material participation if audited.The CPA’s suggestion that your activity would be treated as passive could stem from the involvement of a property manager, as their role could make it appear that you are not the primary manager of the rental.
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24 December 2024 | 9 replies
Based on the tenor of your posts, I've got to ask - do you have your primary residence squared away?
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6 January 2025 | 25 replies
If you get dealt that character card, your primary challenge is that you need to replace a lot of income to get out of the rat race.
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26 December 2024 | 9 replies
Quote from @Erwin McClain: I had rental properties out of state but I have been renting rooms in my primary residence for over 10 years since my 2 boys have moved out.
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21 December 2024 | 7 replies
This would also allow me to keep my primary at a low rate loan.
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11 February 2025 | 154 replies
Several reasons but primary is case law there, and the way things are set for LLC's, it's a very conducive environment. - Use the "asset island" method from start.
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18 December 2024 | 17 replies
We started looking at coaching programs and some of these things just seem ridiculous at 20-40 grand, and some seem more like life coaching programs as opposed to real estate programs. we don't want to syndicate we really would just like to find someone that we can bounce deals / ideas off of and have them assist in underwriting and giving us a better sense of security that we are doing the right thing.
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23 December 2024 | 5 replies
A nice home that may some day make a bad rental but a good primary home An exchange in to a state without state income tax to save that 10% in state income taxes.
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19 December 2024 | 11 replies
Was wondering if there's anyone on here who has flipping experience in Portugal that I can learn from and bounce things off of.
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19 January 2025 | 269 replies
I am looking at similar requirements to Mauro above.Does anyone have experience purchasing properties outside the primary channels like real estate brokers, for example through auction sites or banks?