Join real estate groups, attend workshops, and engage with online communities to learn from others’ experiences.

No one on this forum will be able to answer his question unless he wants to provide his income tax information.Capital gains at the federal level is either 0%, 15% or 20%.He may have capital gain carryoversIt may potentially be considered a business and subject to ordinary income which would be at his marginal tax rates.No one knows where the flip is done or in what state which impacts his state income exposure.

Hi All - Looking for recommendations on a career shift to speed up my education in real estate investing.

However, this is not the case with real estate.

So how do we achieve this with our busy life styles???

Hi, I am trying to locate an attorney that can help me negotiate settlements for 7 DSCR investor mortgages on single family homes that are at risk of defaulting. I have only been successful at finding attorneys who tr...

My passion for real estate investing started in college, and I’m particularly interested in single-family homes and multifamily buildings.

Sounds like more business is coming for local attorneys who understand the new law.

-Administrative Burden: Managing substantial services may require more administrative work and potentially higher costs in terms of time and resources.Some investors do use creative strategies to maximize tax benefits, but this particular approach of converting long-term rentals into an active business reported on Schedule C while providing substantial services is less common.

You will find the Real Estate category under the Business photo shoot type.