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We have 25 SFR that I self manage. My wife retired a few years ago due to our strong RE cashflow. What are the advantages of claiming her as a real estate professional? We show a loss on the rentals due to depreciatio...
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Hi BP community, I need some advice.
Through advice here, my wife is a real estate professional starting 2 years back. But some of our properties are jointly owned.
We have not been claiming losses from those prope...
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I've been seeing a lot of posts on BP lately akin to "I want to remove my own appendix. Should I use a butter knife or a steak knife." It's one thing to want to gain knowledge about investing. It's totally another to ...
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Hey there,My name is Agraj, and I am looking to buy my first investment property out of state. Currently I am looking at San Antonio, TX. I have no idea about the city, never been there. But I saw on a YouTUbe video t...
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Howdy, BP! My name is Chris Grizzaffi, and I am located in Houston, Texas.I am a licensed real estate broker in Houston, and while I have been licensed for 12 years, my path forward in real estate is through investing...
Hello,I am looking at turn-key investments out of state and was wondering about if it would make it more difficult to get, when the time comes, to be a Real-estate professional, recognized by the IRS.I understand ther...
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Hey all, are there any real estate professionals who own an STR in Mexico and would willing to chat for 30?
I’ve qualified as real estate professional since 2021 and just found a potentially good opportunity to acqu...
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Maybe someone out there can help with a reference or experience for this scenario. Investment rental property being purchased with 2/3rds of down payment coming from self-directed IRA funds being held in trusts. Por...
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Hi BP! Just bought my 8th property, feeling pretty pumped. But here is my dilemma. I used my home line of credit to buy it, in order to pay cash, in a sheriff auction. In the meantime, I'm in the process of getting ...
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Hello! I'm currently wrapping up my second flip and am wanting to invest some profits into tax liens and deeds in the Joplin, Mo market. I've been doing a ton research on it, but still have much to learn. Are there an...