![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/211725/small_1621433538-avatar-steveneuman.jpg?twic=v1/output=image&v=2)
19 October 2021 | 6 replies
Note: I LOVE rewards programs- I pay for everything with my personal credit cards to gain rewards, and I consequently, I haven't paid a dime for airfare, hotels, or car rentals while vacationing in 5 years because of it.Thank you for your thoughts!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/804319/small_1694635038-avatar-falconxtreme.jpg?twic=v1/output=image&v=2)
23 October 2021 | 4 replies
The real goal of eviction (in my opinion) is to simply get the tenant out so you can gain control of the property and re-rent to a new tenant that will pay rent.If the eviction goes all the way (where tenant does not vacate, you get a Writ of Possession, the constable shows up and you/your crew remove belongings to the curb) the tenant will have it on their record for 7 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/799776/small_1621497741-avatar-joed145.jpg?twic=v1/output=image&v=2)
20 October 2021 | 3 replies
For real property, a business casualty loss or involuntary conversion gain is calculated separately for each identifiable piece of property [Reg. 1.165-7(b)(2)].
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/925161/small_1661879311-avatar-jillians9.jpg?twic=v1/output=image&v=2)
3 November 2021 | 7 replies
I'm reading conflicting things regarding capital gains on rentals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/489672/small_1621478983-avatar-pardeepg.jpg?twic=v1/output=image&v=2)
28 October 2021 | 19 replies
You need to plan to deal with these issues before, they even come up & Develop a plan to handle them.Working with General partner or syndication group like ours, can significantly reduce problems, you face as we handle all aspects of property management and you will gain valuable experience on property & investment management along the way. 10 Multiple streams of incomeYour income from your job is only one stream of income, what you want to have are multiple streams of income.Such as Your Income Your Business RE property 1 RE Property 2 Re property 3In Toronto Canada average property is over a $ 1million and it is growing annually at over 10%, which means it is growing at $ 100K annually whereas the average employment income is around $ 40K only.Consider each real estate property as one stream of income, with multiple streams of income, you can be saving a lot more money than what you are earning from your job or business.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2286151/small_1694832189-avatar-brandont373.jpg?twic=v1/output=image&v=2)
25 October 2021 | 5 replies
House Hacking is one of the most powerful strategies for gaining property management experience, acquisition, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/777923/small_1694618276-avatar-heidik4.jpg?twic=v1/output=image&v=2)
21 October 2021 | 4 replies
@Jaron WallingMy thoughts exactly on the 401k loan, plus then I miss out on the gains in the market and that isn’t something I want to miss!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1457480/small_1621512491-avatar-rjp6.jpg?twic=v1/output=image&v=2)
21 October 2021 | 1 reply
., capital gains are counted as ordinary income 😭) that you could broaden the field significantly if you'd be willing to consider them and forego face-to-face sit-downs, but that's up to you of course.Looking online for the continuing education track, it looks like the acronym is CPE (continuing professional education) and the "Rhode Island Board of Accountancy accepts courses from providers that are members of NASBA's National Registry of CPE Sponsors and the Quality Assurance Service".
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2286306/small_1695116700-avatar-timt242.jpg?twic=v1/output=image&v=2)
23 October 2021 | 6 replies
We will receive a net gain of $250,000 from the sale of a relinquished investment property and the funds will be held by a QI.