Something I have noticed for quite some time is that lenders are not being candid about the depth of the crisis and no one in charge is making them accountable for the harm inflicted on each and every one of us.
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Scenario:
I started buying condos beginning 2011. Each year I bought 1-2 properties which needed extensive work.
To build my rental portfolio and offset taxes, I used to buy properties that needed work that was equ...
My spouse has about $30,000 in a 403(b) from a school system that is no longer an employer. He is almost 50 years old. We would like to use the money for investing in property. My question is whether it would be bette...
Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses? Perhaps as a syndication or credit fund?
Good morning everyone! I want to start by saying thank you to this amazing community! I really hope we can get some advice on our tax situation.In 2020, we only had 1 rental at the time, but an investor in the area wa...
Ok, this is what we got...My mom bought a condo (140k) 6 months ago with the idea of renting it and have a passive income, long strory short the HOA didn't allow her to rent it, just for her (or family) to live in, so...
I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...
🤫Don’t tell anyone!🤭Be quite as loud as possible. Don’t tell anyone that 📈you they can invest in real estate with their retirement fund.Be very quiet 🤫when you 😃yelled from the top of the mountain that you don’t need ...
We are Res. Landlords, this is our 1st Comm. Property. Tenant started selling/printing T-Shirts now we found out he is selling CBD. By mistake, our Comm. Lease lacks the "Permited Use" clause. Tried to evict but Lawye...
I am ready to cash out of a highly appreciated property. My attorney put together a plan he is confident will work but I believe this is the first time he has done this so I am reaching out to all of you for critique...