Daniel B.
Rental Property losses carry over
18 April 2019 | 7 replies
Hey man, not a CPA or EA but here are a few things I've picked up on and recommend you verifying with a CPA or EA.The passive loss a rental produces each year can be used against your earned income (W-2 wages) if you earn below $150k married.
Tom Mickley
First Home Purchase - Duplex
15 April 2019 | 0 replies
I still own this duplex as it does produce positive cash flow.
Dustin Lauer
Granger, IN - Cash Out Flip Loan
15 April 2019 | 0 replies
We'll see, but our guess is the clients will pay off our loan this summer with a healthy profit for their efforts!
Mickey McGuire
Investor Meetups in Grand Rapids MI
25 April 2019 | 7 replies
Hi All,I am a recent college graduate who is looking into rental property investing as a tool to produce passive income.
Gabriel Petsios
Use land for storage units
6 August 2019 | 13 replies
If feasible, I would knock down the restaurant and produce storage units for the members in that community.
Adam Sankowski
Solar on an Indy rental
26 April 2019 | 20 replies
Mass solar incentives overview:https://www.solarpowerrocks.com/massachusetts/Indy solar incentives overview: https://www.solarpowerrocks.com/indiana/Mass has a great SREC program where you get paid well for every kWh produced, and you also have expensive electricity there so just by not paying a bill you'd save a lot more than other states with less expensive electricity.Indy offers a sales tax exemption and property tax exemption, and if your utility is NIPSCO there is even a .17/kWh feed in tariff, so depending on where your properties are it might make sense financially, and as you mentioned the soft value of doing something good for the environment is often a bigger driving factor for many people.
Clayton Cerer
Separate credit lines, HELOC's, or what the heck do I do??
15 April 2019 | 2 replies
Hi all,Looking for some advice/direction- So I have 3 SFH rentals that are close to being paid off, 1 house that i live in with tons of equity and a nicely cash flowing triplex that i just bought. i also have a business that produces a very healthy amount of cash flow....
Aaron Gordy
Texas Property Taxes too High? I think that we are getting relief
2 May 2019 | 12 replies
All that land , all those buildings would have pressure to produce jobs and fruition to the communities.
Kyle Shankin
"Learned" something odd about 1031 exchanges
16 April 2019 | 42 replies
I found out that we could 1031 timber deeds.you want to talk about slick.land owner sells me a timber deed.. he 1031's the timber deed to an apartment complex or other income producing asset. we make the delta on the harvest costs and market price of the logs.. we replant for them.. and they get to keep the land and have a replanted forest for future generation.. take standing timber that is not creating monthly income and now have a nice cash flow asset all for just waking some tree's..
Account Closed
Is A College Degree Worthless These Days???
9 May 2019 | 39 replies
Hard work to create income (hard work seems to be a lost art these days) , dedication to live within your means, grow your sources of income, invest what you save into cash producing assets, grow those assets... repeat.