Marci Stein
Fair to refuse to pay for painting?
11 June 2019 | 26 replies
@Marci Stein interior or exterior?
Aaron Moayed
How Long Can PALs Be Carried Forward?
7 June 2019 | 5 replies
@Aaron MoayedIf you dig far enough into IRC Sec 469 and the related regs, you'll find this:Treas Reg Sec §1.469-1(f)(4)Carryover of disallowed deductions and credits(i)In generalIn the case of an activity of a taxpayer with respect to which any deductions or credits are disallowed for a taxable year under § 1.469-1T(f)(2) or (f)(3) (the loss activity)—(A) The disallowed deductions or credits is allocated among the taxpayer's activities for the succeeding taxable year in a manner that reasonably reflects the extent to which each activity continues the loss activity; and(B) The disallowed deductions or credits allocated to an activity under paragraph (f)(4)(i)(A) of this section shall be treated as deductions or credits from the activity for the succeeding taxable year.When reading tax law, what is not mentioned is just as important as what is mentioned.This Treasury Reg section, taken together with the IRC Sec 469 helps establish there is no definite carryover period for passive activity losses -- as opposed to NOL carryover.
Danny Randazzo
3 Reasons Why Apartment Investing is the Best Strategy
10 June 2019 | 6 replies
When a property is improved by renovating the interiors of each apartment and exteriors of the building and community the property can charge a higher rent price per month and increase the income it generates on an annual basis.
Trevor Scheiderer
Purchasing a Portfolio?
25 June 2019 | 23 replies
How much do you need to set aside for 6 roofs, landscape updates, exterior rehab if/when needed etc....
Jacob Milhorn
New Investor Stuck in Competitive Market
17 June 2019 | 5 replies
My wife and I are looking to house hack and I am very familiar with the city, which is why we have been focusing on finding something here as opposed to long distance.
Brendon Kelley
Owner Financing Question
12 December 2019 | 6 replies
Every board contract in every state I've ever seen has an option for owner financing either in the contract itself or an pre-written addendum.Many agents (and even real estate companies) are opposed to doing owner financing deals for various reasons from lack of understanding to fear of litigation.
Mike Wilkinson
1st Flip, DIY, 83K Profit, Denver
10 June 2019 | 9 replies
I hired subs for the roofing, egress window, plumbing, electrical, carpeting, cabinets, countertops, and exterior painting.
Lance Conyers
Investing with 401k. Using a partner.
1 October 2019 | 7 replies
If you purchase via an IRA (as opposed to a 401k), you will need to open an IRA account at a specialty trust company which allows for investments in real estate.
Erica Moore
Worth it to allow pets?
14 June 2019 | 63 replies
They can operate some front-mounted controls, even without opposable thumbs.