Allen Bounds
Long time lurker ready to learn and participate in BP!
Hello BP! I have decided to get off the sidelines and start making some progress with real estate. I have floundered around trying different things in the residential real estate world, mostly with SFR. I'm ready to d...
Bryan Searing
Paying $250 for market research participants in Kansas City area
Hello! I'm a member of Bigger Pockets in Colorado Springs. I have a duplex in Manitou Springs and recently sold a 4-plex in Colorado Springs. My day job is doing marketing research. Interestingly, one of my clients wa...
Jon Martin
Does Cost Analysis, Bookeeping, Budgeting etc Count as Material Participation?
Next week I am planning to do some extensive year end cost analysis on my expenses so I can figure out how much is going towards cleaners, toilet paper, coffee, misc expenses etc. Can I count those hours as Material P...
Asa Hunt
What happens if you can't participate in a capital call?
Hi, folks. It looks like there's a mandatory capital call forthcoming in a project I'm an LP in. I can't contribute more money at this time so have no choice but to be in "default".
Besides not being able to collect ...
Vaishal Patel
How can i show "Material participation" to claim passive losses?
So i was researching about passive losses and i found out that i cant claim passive losses if i dont materially participate in the property or (if i am not a real estate professional). How can you show material partic...
Matt Berklacy
out of area live auction participation, cashiers check on demand
- While I am out of country, how can i (a U.S. Citizen) resolve the cashiers check issue needed on demand, to participate in any onsite live auction bidding for real estate?- (in other words), how does an investor b...
Mohsen Samadani
Seeking Clarification on Material Participation Rules for STR Tax Loophole
I have some questions about the material participation rules for the STR tax loophole. I would appreciate any insights.
1- In a partnership or LLC, can both partners benefit from this strategy if they invest in the s...
Brandon Warren
STR taxes with material participation on a previous primary residence
I converted my primary residence to an STR around June after living in it for a year. The title and mortgage are still in my name and not transferred to my LLC. I meet all the criteria for material participation and a...
Jason Williamson
Can my partner and I both claim 'Active Participant' tax rebates?
My partner and I (not married, single filers) own a rental property through our LLC which we own 50/50. This is our first year with the rental property and we will post a loss of ~$4k. Through property taxes, interest...
Adrian Williams
Do you plan to participate in any tax sales in 2011?
Hello Biggerpockets I have always been interested in tax sales, I have done some due dilligance and I have the basics down or atleast I hope I do :) . I was trying to find out who plans on participating in any tax sal...