Cooper Marcus
RE Professional - can I deduct losses from rental AND syndicate?
Assume that (in a given year) I'm a Real Estate Professional, and I've passed both the 750 hour test for my real estate activity and the 500 hour material participation test for a rental property I own and manage. Ass...
Karen Bolyard
Capital Gains Question
Hello everyone,I recently purchased a SFR as an investment property and started rehab this week. Trying to decide whether to flip or rent. I had originally thought I would rent for year and do a 1031 to avoid cap ga...
Anita Z.
Real Estate Investor Tax write-offs
Hi, What do i I need to write off travel that is used to look for a property to invest in?Do I need a business license ?Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or ai...
Adam N.
Exchanging one flip for another fixer upper
Hello.
Anyone have experience doing a Construction/Improvement 1031 Exchange? I would be interested in learning more about the profitability and pitfalls. Thank you.
Sandra S.
Great explanation about what's happening in the mortgage industry
The Coronavirus Meltdown
The current Coronavirus crisis is having a critical impact on the Mortgage Industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers ar...
Justin Mabry
DIY or hire out? Which things can be done yourself vs. best to hire someone to do?
Excited to be closing on my first investment property here shortly! Got a long list of things I am excited to tackle to increase some equity and overall curb-appeal. For my more seasoned investors, what things are goo...
Benjamin Sulka
Pay off debt or invest in real estate?
I'm currently a junior in college, looking to invest in multi-family real estate when I graduate. As most students will, I am going to have a decent amount of student loan debt when I graduate. (Probably upwards of 30...
Renee Allen
Scammers
Why is it that a scammer seems to sniff out newbies and reek havoc on everything that is good? Who are these people anyway? What kind of monster preys on the innocent people of the world just to make a dime? And so...
Mark Yuschak
Self directed IRAs for funding
I have (what I consider) a good chunk of change sitting in a traditional IRA. I'd like to use that money to fund flips (in and out in less than 120 days) and/or use it for transactional funding.
The financial adviso...
Aditya Soma
ForceClosures
Hello Friends,I hope everyone is doing great. Does anyone know how to find ForceClosures list in Windsor(Ontario) area.Thanks alotAditya Soma