Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
Leverage / down payment required will depend on if you're a U.S. citizen, Green card holder or if you have another immigration status.
Stanley Clervil
Advice on starting portfolio
12 December 2024 | 2 replies
Can her status and credit be of help as well?
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
You look for the trustee doing the foreclosure and call their office asking for their status website.
Joel Oh
One platform strategy
2 January 2025 | 30 replies
With the change, platforms started to emphasize more and more on pricing, unique features, accommodation, and availability over host qualities such as super host status or overall ratings.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.
Michael Hayes
CPAs Memphis area
12 December 2024 | 7 replies
Your profile mentions that you are an agent with rentals.You would want to see if you are able to claim real estate professional status.If you are able to claim real estate professional status, you can potentially offset the rental losses with your real estate agent income.Furthermore, TN does not have a state income tax allowing you to be more open with your options.Best of luck
Xavien Rafael
The Benefits of Using an LLC vs. S-Corp for Real Estate
11 December 2024 | 0 replies
This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
Reg D 506 c requires that the sponsor verify accreditation status.
Steve Fiedler
Excited to join the Bigger Pockets Community
12 December 2024 | 5 replies
Achieving “work optional” status and creating a life with more freedom and flexibility.I’m excited to learn, share, and grow with all of you here at BiggerPockets.
Victor Tofilski
Why is my unit still vacant?
31 December 2024 | 49 replies
And here in PA, the new buying/renting season starts the first day the temp hits 60 degrees, sometime in FEB or MAR. It