Achieving Real Estate Professional Status (REPS) can allow investors to deduct rental real estate losses against other income, potentially providing substantial tax savings.Key Points:
Qualification Criteria: REPS re...
Investors, have you considered a 1031 exchange? It's a strategy allowing you to defer capital gains tax when you sell a property and reinvest the proceeds into another 'like-kind' property. The key here is timing – yo...
I Can't Wait To Start Learning More About Real Estate Investing.
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
Hey everyone! 👋
I’m currently looking to invest in a single-family home in the Dallas area with a budget of $300K. I’m exploring different neighborhoods and wanted to reach out to the group for some advice.
Where do...
Hello, I procrastinated and now I beg the community for help. My wife and I formed a partnership LLC this year and bought our first property. I have filed the 1065 and did not include mileage expenses in the 1065 sin...
Hello, everyone in BP. Im gathering some information to have a better understanding with a FHA Loan for my first house hacking multi family property, and how to convert into conventional loan or commercial loan . I ...
Can remote STR help us to qualify STR tax benefit. STR in Florida and owner lives in VA. Managing remotely from VA after initial 2 weeks of onsite hours in furnishing property (~80 hrs) after closing in june.
And
2...
With careful planning and proper research, investing in real estate can be a lucrative and rewarding experience. One of the keys to success in real estate investing is to have a clear understanding of your financial g...
🏗 Construction is building someone’s dream and why we fail to build one, the real strategic failures🤐Construction projects are complex 💢 undertakings that require careful planning and execution✅ to be successful 🏆 .Un...