However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.Because of that, it looks like I would not be able to deduct any rental property loss against our regular income if I owned a rental property in the "normal way" (schedule E).My question is whether or not it is possible to get around this by forming either an LLC or an S-Corp.

I'm looking for people who do hard money lending (preferably no doc) I have a credit score in the mid 7's and steady income and am looking to do my first rehab in a few mths.

Time and leverage are what make real estate investing so powerful.Do the research...I have two clients that retired in their 30's...from their investment property.

I'd like to help the owners (middle 20's couple in process of divorce).

Especially with the 3rd party attorney offices because when there's big fees and commissions attornies will be the first to get involved plus I'm pretty sure that a portfolios buyer(s) will have their attorney on retention to help them with their business activities.

Jim,:welcome: to BP.As a returning member I would expect you can step back into your prior personality.Maybe you want to add s short version to your signature so people will be reminded of the old name.

S California has been down 3 times in the last 30 years.

Glad I didn't buy property in Houston in the early 80's!

Incorporating. C or S Corp?

Hello Everyone,

I’m forming a great partnership with an associate in developing an Investment company but are running into confusion on the structure of the new entity . For most smaller...

In addition to supplying this letter I have been requested to supply full names, loan numbers and SSN#'s of all parties on the loan before anyone would speak to me.Another very important factor is not to be rude or short to anyone you talk with.