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18 November 2024 | 3 replies
Finding a random one online is going to be more hassle than it is worth.
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18 November 2024 | 4 replies
I have 5 properties, a mix of short and mid term rentals.
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17 November 2024 | 2 replies
.: Another question for you pros: we currently manage a small portfolio of CFDs on land parcels and a couple of private loans.
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5 December 2024 | 1 reply
does anyone have a Sales agreement i can use between me and my friend who is buying my home?
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11 November 2024 | 20 replies
Perhaps there was a more official way to deal with it, but this worked fine :)
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19 November 2024 | 0 replies
Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.
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11 November 2024 | 16 replies
Regarding a construction loan- I recommend you start reaching out to lenders and start gatharing information on their requirements.
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16 November 2024 | 2 replies
I'm not currently encouraging investors to do unincorporated JeffCo for that reason - they've become more strict/unfriendly over time.
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8 November 2024 | 9 replies
It’s less about the banks and more about the lender.
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12 November 2024 | 17 replies
Cities usually don't care if the OWNER lives in the basement, just tenants.You could use the extra income to offset cost of finishing basement and more.