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Results (1509)
Mike Jordan I want to be full time investor
6 June 2020 | 5 replies

1) how to do this
2) what is the daily routine for full-time investor
3) what education, courses, books, and experience require this
4) can I have a mentor for this
4) any further advice
P.S I am currently a part...

N/A N/A Need advice- I earn a good salary
11 June 2007 | 5 replies

I work for a fortune 500 company and I grew quickly in the company taking on new challenges.I have a good title and earn a 6 digit income.
However, I am very overworked and always in high stress. I usually work on wee...

Janelle Hicks When is a building a lost cause? Rehab cost too high?
17 February 2020 | 4 replies

At what point is a property too far gone to rehab? I found an 9 Plex, fixed up it could be worth about 400k based on income valuation. But it needs EVERYTHING. Place is a dumpy/disgusting, been vandalized, no floors, ...

Christen G. Should they stay or should they go? Inheriting tenants
3 September 2017 | 4 replies

What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...

Unal Baris Kancoglu House Hacking, what is next?
9 October 2024 | 2 replies

Hello all, I am very close on closing on my first property. It is a 3 unit apartment with 2 units already being occupied. As the current tenants been there for some times, deposits as well as the rents seems to be low...

Michael Puwal Can someone explain the Buy, borrow die concept.
30 December 2024 | 7 replies

Can someone explain something about the buy, borrow, die concept of avoiding income taxes?  I understand that you don't pay taxes on borrowed money.   What do you do with the profits from the company to avoid income t...

Chris Lyman Looking for advice about where to start
16 January 2024 | 8 replies

I am 55yrs old and a new investor.  Im looking for some advice about where to start given my current situation.  I have virtually no income, due to my background.  I do have very good credit (+800) and have about 75K ...

Troy Burgett Active vs. Passive Income for Rentals
28 November 2023 | 3 replies

In the realm of real estate investing, the IRS sets guidelines to differentiate between active and passive participation for tax purposes. Understanding these rules is crucial as they impact how investors can deduct l...

Brandon H Rental Analysis - help needed
2 June 2012 | 5 replies

Hello everyone. First post here and I need some help. I've got a townhome that my wife and I have lived in for 6 years. We're looking to move up and might like to keep it as a rental. We love it. Originally bought for...

David Egan $25,000 loss, tax cap?
20 February 2017 | 4 replies

I just came from my CPA's office where I was informed that there was a $25k loss limit for write-offs for a rental property. I Have spent the past year and $70k repairing and remodeling a 4-plex I bought in Jan 2016. ...