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Do RE agents also help renters find rental properties with a professional landlord?
Do RE agents also help renters find rental properties with a professional landlord? I'm seeking to rent a home as I am FINALLY!! moving to Atlanta, GA from Long Island, NY. I'd like to rent a home simply because I no ...
Steven Chen
What are the steps I need to take to be a RE professional?
I am completely new to real estate and have never owned a home.How long does it usually take to close a house? Do I buy a house and start making repairs on it for 750 hours right away to qualify?I want to do so to ded...
Nye Eddings
Buying proprty in Dekalb, IL to rent out to college students/young professionals
Hi BP,So, like many of you, I have a thousand thoughts running through my head about the next best places to buy in the Midwest. Has anyone had any luck in Dekalb, IL (around Northern Illinois University)? If not, ho...
Seolhyun Lee
A newbie looking for highly recommended professionals (Attorney, CPA, PM, etc) in Georgia
I have been following BP and reading REI books for the past few months and finally decided to start RE investment. First thing I did was upgrading my account in BP, Yeah! I am moving in Macon/Warner Robins, Georgia th...
Lana Lee
W-2 income is more then 150k. How to qualify as RE professional?
My husband's W-2 income is projected to be more then 150k. I've heard that it's not possible to take passive loss in that case. I am not employed currently and heard I can qualify as RE professional if certain amount...
Lana Lee
W-2 income is more then 150k. How to qualify as RE professional?
My husband's W-2 income is projected to be more then 150k. I've heard that it's not possible to take passive loss in that case. I am not employed currently and heard I can qualify as RE professional if certain amount...
Rob Anteau
The Value of Professional Interior Design for Short-Term Rentals: Experience and Cost
Hello Everyone,
I'm going to purchase a log cabin in the mountains and considering the potential impact of professional interior design. I'm hoping to get some insights and experiences from those who have done this b...
Pier Di Giorgio
Can a non-citizen spouse qualify as a real estate professional status REPs
Hello BP, I own several rental properties and I have a W2 medical sales job. I am recently married and my spouse is applying for a permanent resident status, she is currently on a tourist visa. Can we file next year ...
Samuel Joseph Hamilton
Which hours count for the 750 required to be a real estate professional?
So I have an acquaintance that has a substantial amount of real estate (managed by a property manager), and they have a lot of ordinary income from various sources, resulting in a high income tax each year. This frien...
Phil Contreras
Can I Cost Segregate if I don't have the Real Estate Professional Status?
Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...