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20 January 2025 | 11 replies
Are you both friends and have unique skill sets and are breaking up the duties of investing based on those skills?
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3 February 2025 | 25 replies
It sounds like your question is what is the conventional guideline on using these rents to qualify ?
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31 January 2025 | 27 replies
Can your wife qualify for REPS in theory?
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31 January 2025 | 7 replies
Unless you qualify as a Real Estate Professional (which has strict requirements), your rental losses can only offset passive income.
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31 January 2025 | 5 replies
Based on what you shared you are not financially qualified to own real estate.
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6 February 2025 | 13 replies
To qualify, you must meet material participation rules (100+ hours and more than anyone else) so that rental losses can offset active income.
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6 February 2025 | 4 replies
You may be safe to get non-commercial F/F adding up to 2 ADUs to a duplex even though by rule this does not qualify (in my area I have never heard of this being an issue).
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3 February 2025 | 3 replies
It was on the market for a long time because it didn't qualify for conventional financing will it being unlivable.
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6 February 2025 | 3 replies
I've read the qualifying criteria multiple times and have already notified my CPA who has done it multiple times for their clients previously.
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24 January 2025 | 5 replies
Along the way I've learned a lot of trade skills as well which goes a long way helping to maintain assets.