Grant Baker
Investing with partner - Tax advantages
Hello all, I have never invested with a partner before but looking at possibly doing it in the near future. I have lots of questions on how it would work, we agreed we would go 50/50 split all expenses. If we invest i...
Frank Apap
Short Term Rental Tax Advantages
Hi, I am quite new to real estate investment. I stumbled on some information about short term rental tax benefits as it pertains to lowering W-2 Income. I am trying to figure out if this is really as good as it soun...
Ryan Fox
taking advantage of passive losses
Tax question. I am not a real estate professional. However, I accumulate a good amount of passive activity losses from rental properties. An opportunity has come along to partner or JV with a company that does a nu...
Kevin Phu
Take Advantage of Gov't "401K" Match
I have an idea but I'm not sure it'll work legally or if I'm missing some information.I work for the government and currently contribute 5% (tax deferred) into my Thrift Savings Plan (TSP) since my agency matches up t...
Shannon Vistisen
Advantages of purchasing Fixer-upper STR
What are the advantages of purchasing a property that needs some extra love put into it vs purchasing a turn-key STR property? Are there any advantages if you don’t plan on selling it but renting it out and using it a...
Christian Estrella
Take advantage of FHA or not
Good Afternoon All,Before COVID, I was looking in the NJ (Elizabeth and Newark) market for a multi-family property. I wanted to take advantage of my FHA and house-hack as an owner occupant. My credit is at 650, due to...
Stephen Zipp
Experienced partner is my unfair advantage
My partner and I bought a duplex and have dumped about $4,000 into it thus far. This is my 1st rental property, but is my partner's 4th. My partner has about 10 years experience in this field, so a lot of what I read ...
Rodney Marcantel
Back from Flip Advantage 3day training
Just got back from Dallas Tarek and Christina El Mossa's Flip Advantage training. Good training but the $20k to $70k cost for advanced training and prop stream software was too much to me. Thoughts anyone?
Steven J.
Advantages of lump sum principle payments
I recently came across a thread with the term lump sum principle payments. I've searched this term and have failed to come up with much evidence as to how it helps investors except for with tax purposes.
"I u...
Marshall Martinez
Quickbooks or Freshbooks? Advantages and disadvantages?
Has anyone had any experience with either or both? Which did you like best and for what reasons?I'm currently looking for a platform to track business expenses for tax purposes.Thanks for the advice! - Marshall