Matthew Nosal
Rental- Flossmoor, IL
3 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
Matthew Nosal
Rental- Dolton, IL
3 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.
Jason Hanson
Getting started with property managing
3 September 2024 | 17 replies
I'm really excited to start my journey with investing!!
Matthew Nosal
Skokie- Fix and Flip
3 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Matthew Nosal
Steger- Fix and Flip!
3 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Matthew Nosal
Dolton- Fix and Flip
3 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Matthew Nosal
Lansing- Fix and Flip
3 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment in Lansing.
Gage Bohn
Springfield IL's successful investors are getting what exactly? Chime in your opinion
3 September 2024 | 4 replies
I’m new in real estate investing and I’m based in Springfield IL.
Matthew Nosal
Lansing- Fix and Flip
3 September 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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.