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7 March 2018 | 7 replies
Turbotax asked if I "materially participated" and I said yes, but they don't support this scenario.Is there any software which supports material participation?
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11 March 2018 | 7 replies
Let's assume it does.To qualify for the RE Pro status, each beneficiary needs to show "material participation" in the trust's activities.
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27 May 2020 | 15 replies
Anything we can do to help the community we will participate.
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18 September 2009 | 8 replies
I wish I could.)Wade OgletreeWhat he failed to mention is that your participation in the Small Rental Assistance program will get you a check from the government for investing and helping rebuild the area affected by Katrina.
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25 April 2019 | 10 replies
You can take participant loans from the plan, you don't need the additional expense and administration of an LLC to have checkbook control, and there is a built in-Roth component.
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26 January 2022 | 9 replies
UNLESS you are are real estate professional status for tax designation purposes and able to create a "grouping/active participation".
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18 August 2020 | 0 replies
I just find it hard to believe that BP would have these blogs still up without anybody raising any alarms.OG post if you want a good laugh: https://www.biggerpockets.com/forums/51/topics/865344-tax-schedule-e-questions-for-active-participation-loss?
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7 October 2011 | 14 replies
If you were participating as a LP in a syndication what would you consider to be a reasonable GC fee for overseeing SFR builds?
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24 May 2023 | 4 replies
Isn’t it better to be in 2 real estate deals than 1, 10 deals than 5, or 20 deals than 10?
You make your BIG money on the buy, then the sell. Cash flow is nice, but chances are you won't get rich on cash flow alone.
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24 May 2016 | 6 replies
I am a product of real estate investor parents, and they had me participate in in the day to day activities when I was growing up.