Julio Gonzalez
Multi-Family Properties and How to Maximize Returns
3 September 2024 | 0 replies
There are some key limitations that are important:Passive losses can only offset passive income.Up to $25,000 in passive rental losses may be deducted against non-passive income if the investor actively participates and their modified adjusted gross income is below $100,000.Unused passive losses are carried forward to future tax years.Here’s an IRS article that further discusses the rules: https://www.irs.gov/publications/p9251031 ExchangesThis strategy allows investors to defer capital gains tax when they sell a property if they invest the sale proceeds into a “like-kind” property.
Denise Holder
purchase a chapter 13, condemned hoarder house?
4 September 2024 | 6 replies
Most likely, their plan is the sheriff sale to get maximum value.The lender will bid the amount owed to either have the debt satisfied or take the property.
Jennifer Figueroa
Buying a property through seller financing
4 September 2024 | 5 replies
Hello Jennifer,For Seller Financing, you would write your offer just like you would with 3rd party financing.I would think that Florida Real Estate Commission has a Seller Finance Addendum to add to your contract, on the addendum you would fill out the terms you are proposing.
Katie Tran
Looking to Invest in North Orange County, CA
2 September 2024 | 24 replies
Sounds like you're in great shape to dive into the real estate world.
Saulo Dias
Vacation Rental Hosts
2 September 2024 | 31 replies
Sounds like you are a valuable asset to hosts in your area!
Robert Schwenkler
Use Pricelabs to create "Preparation time" on listings?
2 September 2024 | 17 replies
I set my restrictions for something like inside of my PMS mainly, but I do know PL has the capability as well, even though I don't personally have that exact setting.
Benjamin Carver
Raleigh Market Update August 2024
3 September 2024 | 0 replies
This has always been the case, but the industry is taking strides to make it more fluid.Investor Sellers can choose to pay some or all of the buyer's agent commission (that's not new) but this can no longer be advertised through the local MLS AND this must go through the seller to the agent versus through the listing agent like it did in the past.Investor buyers must be signed with an agent to step foot in listed homes.
Samuel S.
Buildium vs Quickbooks; Use both?
3 September 2024 | 10 replies
One item I'd like to see them add is the ability to track mileage.
David Zhu
Networking in Fremont, CA
3 September 2024 | 7 replies
I would like to know if there are any big real estate clubs in the east bay that I can network and hold monthly meet ups?
Erik Estrada
How to be a Successful Loan Officer in this day and age
2 September 2024 | 5 replies
You have to look at this like your fitness journey.