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18 January 2025 | 1 reply
So, I'm looking to invest in other markets and trying to focus on one or two so that I can build knowledge over time, but narrowing it down is a challenge.
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9 January 2025 | 32 replies
On a 2M property you should be able to write off roughly 300-400k, so that would cut your real estate income down for years, but not your W2, because I don't think you would be able to claim RE professional status. 750 hrs and min 50% of your time.
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31 January 2025 | 12 replies
For REP status federally, you must meet two requirements: work 750+ hours in real estate activities and spend more than 50% of your total working hours on these activities during the tax year.
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22 January 2025 | 8 replies
I'd recommend searching by zip and interviewing an agent or two to see who you're most comfortable with.
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8 February 2025 | 49 replies
Over two years, I built up 12 doors, which now generate about $100k in net income annually.
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24 January 2025 | 3 replies
I has two GREAT property managers that immediately come to mind, one handling 5 high end high rise condos I owned in Phoenix and the other one handling a 12 unit very lower end apartment building I owned in Arlington, Texas.
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26 January 2025 | 28 replies
I tried the Reia and it's basically a giant sales pitchThere are two long Island groups one is much better than the other.
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15 January 2025 | 1 reply
The two-count indictment charges them with conspiracy to commit wire fraud affecting a financial institution and conspiracy to submit false statements to a federally insured financial institution.
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1 February 2025 | 14 replies
You can have two houses within a quarter mile of each other with vastly different ARV and rent amounts.