My tax advisor stated that I can’t write off the loses on rental properties since my personal income exceeded 150k.How true is it?
Investment Info:
Single-family residence fix & flip investment in San Fernando.
Purchase price: $500,000
Cash invested: $130,000
Sale price: $800,000
Purchased off market for approximately $5...
On The Shelby County Trustee's site it states that tax sale properties are conveyed with "perfect title". Has something changed recently with their sales that negates the need for a quiet title action? I find it hard ...
I've been looking at various videos and books on investing in tax liens and deeds and would like to hear from others who invest in the same. Did you take a course or seminars? Do you have a mentor/trainer? Do you f...
Hello,First post as a newbie here. I’m an investor in MN who had some experiences (both good and bad) in real estate. I’ve been involved with several strategies (fix and Flips, Gap Funding, Rentals…). Currently, mo...
🏢 Revitalizing Success: Transforming a Struggling Business into a Thriving Venture 🏢
In the heart of our local community, I embarked on a journey that epitomizes the power of strategic thinking and problem-solving, r...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $700,000
Cash invested: $30,000
The most creative deal I've put together with owner financing, low down paym...
Investment Info:
Single-family residence buy & hold investment.
Cash invested: $6,000
Inherited SFH 2bd/1bth monthly rent $700. Property required modest cosmetic updates (fresh paint, vinyl plank fl...
I would like a contractor to do some tree work on my first rental next week. The quote is $1900 cash or check. I just learned about filling out a form 1099 for contractor payments of over $600. It looks like I can ...
Hello RE Investors! I am Micheal Porche. Former FireFighter Paramedic. Now a Real estate Entrepreneur & Full-time Investor. I am the owner of STR Legacies Mastermind & Escape and Stay Vacation Rentals. I have ...