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Results (10,000+)
Nicole Graziano Tax's: negative income made on flips
3 January 2025 | 4 replies
There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.
Kyle Fitch Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
Best wishesI suggest you double check the updates and fine print, there has been a LOT of changes on margin accounts, seemingly everywhere.
Scott L. Where to advertise/post a 44 property SFH portfolio for sale?
8 January 2025 | 4 replies
I've already received some great feedback here so far, which i gratefully want to thank you all for!
Carolina Solorzano Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
I noticed on the city website that it can only be done in certain areas, which I'm more than fine with.
Jef Eifert Waited 20 years to do my First flip
2 January 2025 | 0 replies
Receiving lots of interest and good feedback but no buyer yet.
Tyler Koller Baselane Vs Stessa
16 January 2025 | 31 replies
I do not work for Stessa in any capacity and I don't receive anything from referring them.
Steve K. Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Keep one mailing address and opt to receive digital notice to one same email account that you monitor.
Ursula Lovings Comparing Contractor Estimates
4 January 2025 | 5 replies
@Julie Garner This contractor texted me after I received the quote to let me know that materials are included.
AJ P. Plumber Walked Away from Job
30 December 2024 | 1 reply
., I think you are fine to move on to another plumber.
Rene Hosman What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
Also depends on if you have strata/condo fees or HOA.The cash flow on my places are all over the place and yet I'm fine with all of the rentals for different reasons.