
20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

19 December 2024 | 4 replies
Timing is everything in student rentals.

19 December 2024 | 2 replies
I am a seasoned investor in Kansas City and looking at MS for future opportunities.

19 December 2024 | 7 replies
Investing in a per deal syndicate is different than a fund.

19 December 2024 | 7 replies
I am sure RR will jump in there they are pretty responsive to helping their clients.

20 December 2024 | 5 replies
Too many want clean title earlier in the process.

19 December 2024 | 10 replies
The tenants in the 3 bedroom rental aren't in a protected class but I do not want to get in any kind of legal bind.

19 December 2024 | 4 replies
In 2021 I bought a 4 unit property as my first investment property.

19 December 2024 | 13 replies
If the houses are in decent shape and could get traditional financing do not sell seller finance.
20 December 2024 | 4 replies
I'm looking to purchase some land in Martinsville, VA from out-of-state, and wanted to know if anyone is able to recommend a reliable property manager that services Martinsville, VA.