Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
Robin Shelley
Investor calculator to analyze costs in a 400 unit multi-family?
Which RE investor calculator do I use to analyze all costs in a complete pro forma correctly, before buying a commercial 400 unit multi-family property?
Shimi T.
Teen Kid's Pay below Standard Deduction - Filing Needed? How?
Throughout the internet, there are too many contradicting responses by CPAs on teen kid's pay for assistance in parents' rental business work. Brandon Hall Vs. Mark J Kohler to name a few. One says that W-2 is needed ...
Joel Cruz
Currently house hacking, how do I move to my next Multi family
Hello everyone! I want to thank everyone ahead of time for taking the time to respond my post. I am relatively new to bigger pockets. I read a ton of content on the internet but this place is a one stop shop for info...
Steven Hume
Cost Segregation Discussion
Hello all,I am currently looking to network with commercial real estate investors in the Houston, Tx area. I want to hear opinions on cost segregation and advantages/disadvantages of the process. I enjoy having these ...
Sarah Grise
Selling w/a Lien
Hi all! So my husband and have been throwing the idea around of upgrading to a larger home, conveniently located across the street from where we are now. The not so good news is that we have a lien on our house. We to...
Thomas D Armistead
IRA early withdrawal penalty
Should I withdraw money from IRA to invest in rental property? I have enough reserve cash to finance 1 property with Cash on cash ROI 11.9 Or I can take an early withdrawal and buy 3.The penalty reduces the Cash on ca...
Bradley Jernigan
What are A, B, and C class properties? What are the advantages and disadvantages?
In the context of real estate, the terms A, B, and C class properties are often used to classify the quality and desirability of commercial or residential properties. Here's a general overview of each class and their ...
Andy Vincent
Investing in Mobile, AL
Hi Everyone,
I currently live in New England and I am looking to find other markets to invest in single family buy and holds. Was considering Alabama and in particular Mobile. I have visited that area a couple times ...
Curtis Bidwell
Eliminate Title on Mobile Home?
I am buying a property that includes both a stick-built home as well as a mobile home. I have to decide whether to keep title on the mobile or eliminate title. I'm not sure of the advantages or disadvantages. Any t...