
24 September 2024 | 2 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.

20 September 2024 | 6 replies
Their policy changes including price increases, charging for every little thing as an "add-on", complicated GUI and the lack of fixes of known problems (posted by their "community" on a Facebook Group), and super slow ACH deposits (which take 10+ days!)

25 September 2024 | 17 replies
Here's another video worth watching - from Mark Ferguson on the InvestFourMore YouTube channel:Did Clayton Morris and Morris Invest Scam Turn-key Real Estate Investors?

25 September 2024 | 4 replies
Good morning all, I'm looking to invest in real estate using Section 8 programsRent covered seems to be great but most of the time, I see that people are not renting for 100% of the voucher is there any reason?

25 September 2024 | 7 replies
I am keen on establishing connections with fellow professionals such as entrepreneurs, builders, real estate agents, and architects operating in this domain.

24 September 2024 | 3 replies
Looking to purchase one and struggling with the right calculators to determine the real metrics.

20 September 2024 | 15 replies
First post here and I am completely new to real estate investing.I live in Connecticut and I have settled on wanting my first investment to be in Connecticut.

24 September 2024 | 4 replies
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.

22 September 2024 | 20 replies
Tenant shall not allow any sweepings, rubbish, sand, rags, ashes, bones, grease, or other substances to be thrown or deposited therein.

24 September 2024 | 8 replies
For my situation being away from home so often(I'm a Michigan resident), this would still allow me to participate in real estate but be diversified beyond a syndication.