David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
Material participation in the rental activities still required.
Adam M.
Has Anyone Imported Materials from China for a Rental Property Renovation?
22 January 2025 | 8 replies
I recently watched a video where Troy Kearns mentioned he could source a high-quality quartz slab for $100 from China, which got me thinking about exploring similar options.Has anyone here ever imported materials like hardwood floors, countertops, or tiles from China for a project?
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
To qualify for active status on short-term rentals for tax purposes , you need to meet the IRS’s material participation requirements.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.
Steven Diaz
New Construction suggestions for STR
23 January 2025 | 6 replies
Looking for suggestions on any specific building materials, fixtures, accessories, furniture, and tech for a STR.
Brendan Ferguson
Study Material for Illinois Mortgage Lending License Exam
9 January 2025 | 2 replies
Does anyone have any good studying material for this exam or have any insight on what I should focus on?
Ashly Frasso
Contractor Ran away with Materials
7 January 2025 | 6 replies
Hello BP Team…We have a contractor that left after the 2nd Draw and stole materials.
Mayer M.
Real Estate Professional Status/Time Tracking
25 January 2025 | 91 replies
You can break it out by general RE activities and material participation.
MIchael McCUe
running a blog on my website
19 January 2025 | 4 replies
How Energy-Efficient Windows Can Save You Money" – Educate about long-term savings."