Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Mike Richards
Deduct from rental income more than one year of Real Estate taxes?
31 December 2024 | 3 replies
If you are on cash accounting, yes you could do that.On the other hand, you are ignoring carry-forward losses.
Sonja Revells
Can I get my EMD Back??
1 January 2025 | 12 replies
They should be able to hold them accountable for how they handle their escrow accounts.
Ed Lopez
Excessive "Make Ready" Costs from Property Manager
21 January 2025 | 35 replies
Based on the excessive amount of hours spent and the lack of prior authorization as agreed upon and taking into account our prior communications regarding minimum acceptable owner distributions, I must insist at least the labor portion of the repairs be refunded.
Dennis Bragg
Emerging Real Estate Investment options in 2025
30 December 2024 | 6 replies
Good post with a few good ideas, thanks.A note about San Antonio, is that it historically has a big turnover in homes due to the military bases in the area.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
If you’re not using a 1031 exchange, you’ll need to account for this.Reinvestment Risk: Entering new markets and managing multiple properties may present challenges, especially if you’re unfamiliar with the areas.Alternative StrategiesBefore committing to selling, consider these options:Leverage the Equity (HELOC or Cash-Out Refinance):With a 3.1% loan, selling might not be the best first move.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
The 1% rule doesn't matter as much if you have a 5-10 year investing horizon because it does not take into account appreciation or other benefits of holding (tax benefits, etc.)The 1% rule stops a lot of folks from getting started.
Travis Timmons
AirDNA top STR markets to invest 2025
25 January 2025 | 25 replies
It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
If they choose to stop paying rent later they are held accountable for that.
Ryan Cousins
Hold onto a Negative Cash Flow Property?
17 January 2025 | 23 replies
$700 negative cashflow without taking into account several expenses.