Don Konipol
Have Real Estate Investor Association Groups Played a Role in Your Success
2 August 2024 | 21 replies
If so in what way?
Alex U.
Real estate professional status
3 August 2024 | 16 replies
Under the IRS rules, a person qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent.
Frank Agyeman-Duah
Installing Mini Splits Air Conditioner's
1 August 2024 | 19 replies
He’s providing no parts, so it’s strictly labor.
Hunter Duplantis
Journey to Multifamily millionaire
2 August 2024 | 4 replies
So I pulled the trigger
Mike Eichler
Short Term Rentals in my market (Pocono Mountains)
1 August 2024 | 10 replies
(Remember that I work in the Poconos market, so your market may differ slightly.)
Eric van Dalen
House Flipping Book Referral
2 August 2024 | 1 reply
I have heard of the flipping blueprint so I will probably try that one next.
Ibrahim Hughes
Anyone got a good Online Fax Service?
2 August 2024 | 18 replies
If they realized it gets sent in an email as a pdf to me, they might not think it was so secure.
Ali Nichols
Has anyone tried out Roam (Assumable mortgage startup)
1 August 2024 | 22 replies
They don't: find property, process the assumption, transfer a loan, guarantee anything.They do take a $5500 nonrefundable fee and 1% buyer side commission so as an agent I can't see how you would try them out as you will need to cut your pay.
Zachary Yelder
Two week Phoenix flip
2 August 2024 | 0 replies
The landscape wasn't in good shape so had that redone.