Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
7 October 2024 | 20 replies
Prior-year losses can’t offset W-2 income but can be used for capital gains or future rental income.For audit risk, high earners using REPS face increased scrutiny, so be prepared with detailed records.For material participation, keep a time log with tasks, dates, and hours spent on rental activities like tenant management, repairs, and bookkeeping.
Jaiden Young
How Do You Vet Sponsoring Brokers?
2 October 2024 | 5 replies
Mom and popIf you want in-person training and offices and more camaraderie, bib box like KW, Coldwell Banker, etc are good options to start (you will leave after one year).If you are mobile and doing a lot and want to work freely, but have a ton of online support, cloud brokerages are great and have better splits like eXp and Real.
Melanie Baldridge
What the "in-service" means
1 October 2024 | 1 reply
When you buy determines your short/long term capital gains.The "in-service" date = The point in time when you can start taking depreciation from.
Joe Nagle
Cape Coral Florida Insurnace Homeowners and STR Coverage
1 October 2024 | 5 replies
I have a guy in Miami who insures my mobile home park in fort myers .
Angel Dejesus
Real estate License
2 October 2024 | 4 replies
Now I'm looking to take the test again and I'm looking at the license ID that has an expiration date of 8/1/2022 and my question is do i need to take the 40-hour classes or can I retake the test.
Andrew Syrios
Jackson County (Kansas City) 2023 Property Tax Increases Deemed Illegal
3 October 2024 | 8 replies
Here's the latest piece I found on Jackson County suing to undo the court order finding the assessments were illegal: https://www.kansascity.com/news/local/article291980175.htmlYou can also check out some of the local news stations like fox4kc.com and KCTV5.com to keep up to date on what's happening with it.
Brandon Morgan
Renting Mobile homes
25 September 2024 | 3 replies
Hi all I’m pretty new to the real estate game and had a question about mobile homes.
Thomas McNally
Homeowners Insurance- Canceled
2 October 2024 | 2 replies
Did they not give you by a specific date to remedy the situation?
Shiloh Lundahl
Looking for helpful advice for coaching
2 October 2024 | 5 replies
This portfolio consisted of around 80 single-family homes, some mobile home parks, a commercial building, some multifamily, and some luxury short-term rentals.I started getting a lot of people reaching out to me and asking me questions about real estate and if I would help them learn how to invest.