I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
Hello everyone,My name is Greg Ranjitsingh and i’m heading into my 7th year of professional soccer. At the beginning of my career, I never thought about preparing myself to be financially successful without soccer. In...
I currently have 6 SFH as investment properties. I have been approached by a real estate agent that has a client want to get rid of 4 duplexes and 3 SFH's. Doing drive bys all look to be in great neighborhoods and in ...
All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
Hi all,Background: I've submitted an application for a refinance on a SFH. The house belonged to a grandparent with a reverse mortgage. I'm trying to use a refinance product to clear the balance of the reverse mortgag...
I have searched on the forums and couldn't quite find the answer to my question.I am looking at property where the seller is open to the idea of a sub 2.Here are the numbers:ARV - $600kLoan Balance - $300kPrice - $450...
Hey all,
With my WFH job I have 1-3 hours a day to spend studying real estate. I currently have 1 single family in Tulsa and partnered in a 20 unit complex, also in Tulsa. I want to spend these available hours learni...