
26 March 2024 | 4 replies
I don't get paid by Turbotenant, but I should start charging them an advertising fee haha!

26 March 2024 | 6 replies
However, as the owner you still need to spend more than 50% of personal services and more than 750 hours on the real estate business on your own.Alternatively, short-term rentals are generally treated as active business income and therefore are eligible to offset w-2 income.Navigating the Real Estate Professional Rules"When measuring material participation, a married taxpayer is required to count any hours performed by his or her spouse, even if the spouse does not own an interest in the business or if no joint return is filed.32 While this rule is advantageous because it makes it more likely the taxpayer materially participates in the real property trade or business, it is a trap for the unwary in the real estate professional context, as discussed below in Step 3.""

26 March 2024 | 28 replies
You know the answer well but are looking for a healthy discussion.

25 March 2024 | 8 replies
Benefit from group discussions with like-minded peers and live Q&As with your real estate instructors.

26 March 2024 | 7 replies
However, I'm not an attorney, so please make sure to discuss this with them.

26 March 2024 | 2 replies
If you are self managing i would recommend taking a self management fee of 6 to 10% (as if you were paying property management) and then start splitting on the profit coming in.

26 March 2024 | 22 replies
Reach out if you need any help or wanted to discuss more.

25 March 2024 | 0 replies
After splitting the assignment fee with a real estate agent who found the end buyer, I walked away with a modest fee of $4,000.
25 March 2024 | 1 reply
Here's what I have so far:-What are your processing fee?

25 March 2024 | 8 replies
Now, agents have to be more upfront about their fees, which could mean buyers might have to pay their agent's commission directly.