Terra Padgett
Landlording is Not All That Passive
8 January 2024 | 66 replies
Even with PM in place, there are still many active activities when it comes to direct property ownership.
Eduardo Sagues
Cost segregation study when property under personal name
9 January 2024 | 7 replies
@Eduardo Sagues To do a cost seg. or not depends on a few factors (that don't include LLC, or no LLC) including, but not limited to:What you are hoping to get out of it (e.g. offset other income in the portfolio, get a big refund to put down on another property)How long do you plan to hold the property (depreciation recapture of 25% might make this less worthwhile if you sell the property in 2 years)Did you already place the property in service and start depreciating it for 27.5 years (LTR) or 39 years (STR).
Sonia Arreguin
Property Owner Names
8 January 2024 | 5 replies
They clarified that the only way to obtain this information is by coming in person to the public service counter and using the kiosk or by sending a written request by mail (takes about a week to receive a response).
Roseann Koefoed
Me vs. Cockroaches - Round 1
9 January 2024 | 3 replies
I've gotten a few quotes recently for monthly service, 12-month contract for around $15/unit.
Ty Moore
Newbie Tax Question
9 January 2024 | 9 replies
Also, flip income/profit is active income, so its subject to self-employment tax.
Ben Lee
Using LLC to offset Rental income against Active income (W2/Capital gains)
6 January 2024 | 3 replies
From my research, I understood that my rental property paper losses could offset my W2 income/capital gains if: (1) my AGI is under $150k, (2) the property is a short-term rental, or (3) I have a Real Estate Professio...
Tyson Scheutze
Learning to Buy
8 January 2024 | 0 replies
Like most partnerships which don’t fully form, our passions, pursuits, and activity were not complementary.
Amar G.
Why would you want to use a Supra Lockbox?
9 January 2024 | 9 replies
You also have to turn on your bluetooth, then turn on your location services, then navigate the app to find the access section, then tell it that you want access, then enter your pin, then wait.
Alex Todd
1031 Scenario - clarification
9 January 2024 | 5 replies
Interesting.if we’re trying to pull fwd retirement and reduce cost of living, is the only downside to this having to buy a property of equal or greater value AND have same debt service?
Brandy Luna
Fix and Flip Investor or Hard Money
10 January 2024 | 22 replies
My advice leverage the knowledge or a "Power Team" not just professionals that they can charge you for they services.