Travis Tamillo
Active duty turned Realtor
11 January 2025 | 13 replies
I retired in 2008 with 21 years in the Air Force.13 sales in your first year is pretty impressive, particularly for someone on active duty.
Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood.
Eli Edwards
Help finding active wholesalers
28 December 2024 | 5 replies
Contact potential sellers who are not actively seeking to sell their real estate holdings.
Kayla M.
College Student and soon to be Active Duty Military hoping to learn and connect
9 January 2025 | 8 replies
Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.
Veronica Cervera
Can you wholesale a deal that is active with a real estate agent?
7 January 2025 | 1 reply
Can you wholesale a deal that is active with a real estate agent?
Puneet Mahi
Texas or Florida?
2 January 2025 | 10 replies
Plus, if you’re also thinking about a lifestyle element, who doesn’t love living near the beach?
Melanie Baldridge
“active income” and “passive income"
20 December 2024 | 0 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
13 January 2025 | 33 replies
Tom so you wouldn't be as concerned about that element?
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
@Luke H.Hi Luke, As a private money lender myself I will focus on one element of your deal---5 years is a long time to be finally paid.