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23 November 2024 | 26 replies
Hopefully its not a big loss.
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27 November 2024 | 8 replies
There are other options such as harvesting capital losses on other financial instruments, but the stock market has been pretty good lately, so that may not be an option.
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26 November 2024 | 8 replies
If the project goes sideways, you are not 100% liable for the losses.
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24 November 2024 | 10 replies
There's a high chance that you are feeling FOMO from the returns in public markets, sell your houses for a loss, pile into stocks, and then see mediocre performance while real estate heads back higher again.I see this, and similar actions, play out over and over.Personally, I'd stick with the real estate rather than selling it.
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26 November 2024 | 6 replies
Here’s how it benefits you:•Faster Evictions: The expedited eviction process minimizes financial losses from unpaid rent and property damage caused by squatters.
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20 November 2024 | 4 replies
Always happy to help.Jasper / PatTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC Thank you!!
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26 November 2024 | 86 replies
We’ve got to separate this type of loss from those in which the 5 items listed above weren’t followed.
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27 November 2024 | 48 replies
@Pete Tarinthere could be tax benefits - you might be eligible for passive losses, but it would be specific to your situation.
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21 November 2024 | 2 replies
@Greg SeivertMost lenders that work with real estate investors understand that you may show a paper loss and they won't hold it against you.
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22 November 2024 | 12 replies
It certainly sounds like you are taking the necessary steps to mitigate your losses.