I'm in a syndication that pays monthly distributions but will provide a K1 with paper losses due to depreciation.I am looking to do some private lending where I would be receiving a 1099-INT from the borrower on inter...
I have a question on Multi-Family properties in Washington state especially as it pertains to possibly wholesaling them. I understand that the best way to stay completely clear of violating the equity skimming legisl...
Can schedule E rental real estate income qualify as pass through income for 2018? My other IRS 1040 income sources are only interest/dividends, retirement income, & cap gains. No wage income.
We use leverage in our real estate deals. We've developed a deal management system that tells us how much leverage we can use and at what cost for the deal to be profitable. Our minimum leverage on flips is about 10...
I recently came across @Steven Butala's "How to Make 10,000 Offers a Week in Less than an Hour." Now, I'm not against hard work, but the idea of (at least trying) automating the acquisition process immediately capture...
Live-in FlipMy question is whats better: Sell one year early and pay the roughly 30k in capital gains tax or sit back and wait a year and pocket the 30K?We are anxious to move on to our next investment, but my tight f...
I saw this and got so excited that they finally suspended the anti-flip law. But after further reading I think it just applies to the NSP program and not to general investors. How do you read it?
On Friday, FHA ann...
Asking for a coworker. When does the landlord have to turn on the heat to the building? It's been high 40s, low 50s in the am here but warms up in the afternoon. 3 requests to landlord have gotten the answer of end of...
Hello all,
This is my first post so bear with me. I'm in the early steps of purchasing my first home to be used as rental income and it happens to also be my first property. The property is in Chicago, has a first fl...
Is it possible to provide qualified intermediary services, as well as other services, such as real estate brokerage, in the same transaction, if all provided services only pertained to a 1031 exchange?Based on reading...