Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.
Mike Yerardi
Is it worth it to keep paying for the "REALTOR" status in Massachusetts?
2 January 2025 | 1 reply
Right now, I do have the "REALTOR" status but wondering if it make sense to keep paying the $800/yr to keep the status?
Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
.: I would never give the party on the opposite end of the transaction POA over the property, or my social, DOB etc.
Damian Walker
Social Media & Motivated Sellers
21 December 2024 | 8 replies
People who are really determined to sell their house have undoubtedly posted about it on their social media account.
Mayer M.
Real Estate Professional Status/Time Tracking
5 January 2025 | 80 replies
Any recommendations on the most efficient way to track your time when classified as a real estate professional? My accountant wants me to start doing this in the event of an audit being I’m starting larger projects an...
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Quote from @Cari Sweet: This sounds like a case for Fair Housing- Familial Status discrimination.
Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
I have an applicant who's going through a rental screening process A.T.M. His girlfriend, in her early 20s, does not have SSN nor does she have an ITIN and she's unemployed so she cannot get screened. The guy is meeti...
Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
19 January 2025 | 8 replies
I doubt 10% of the GRM will equal enough to where an S filing status makes sense.The home office and such is nominal so that alone isn’t worth doing this.
Account Closed
PM needs ss#
19 January 2025 | 9 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
Have to start from scratch on reviews/super host status.