Mitchell Maginnis
Is it possible to use the STR loophole to offset w-2 income if managing out of state?
Hi!I am an optometrist and am finishing up building a new build STR out of state. I will have a cleaning team do the day-to-day turnovers and will be using Guesty to assist in helping manage the property myself. I hav...
Account Closed
Prohibited from owning another property for 3 years
Under the Good Neighbor Next Door (for teachers, police, firefighters, and EMTs) program from HUD, you take on a second "silent" mortgage for the 50% discount off the appraised value, and must OO for 3 years to receiv...
Cameron Skinner
Solo 401K rollover question
I hope our Solo 401 K experts can help Me and my wife are both on my Solo 401-k with sub Roth I would like to transfer a portion of the money to her Roth IRA, it is my understanding I can do this as long as their is a...
Himavant Kurnala
401k in service alternate rollover
I came across this company which facilitated in service alternate rollover. https://inservicealternaterollover.com/about-us/contact-us/
This company facilitates 401k roll over while I am still employed with the emplo...
Shafi Noss
Tax Topics: What is Passive Income?
Hi everyone, in my last post I wrote about the tax benefits that non-real-estate professionals enjoy by investing in a syndication. There were some wonderful answers by Charles LeMaire and Roni Elias among others. It ...
Renee Harris
Let's Talk about selling and buying ADU's Pros and Cons
In Los Angeles you can now sell or buy an ADU. Anyone have any knowledge or experience with this? What are some of the potential pros and cons of a homeowner selling their ADU? https://leginfo.legislature.ca.gov/face...
Chris Herring
Tax Strategies When MAGI Exceeds $150,000
Hello, I'm a long time lurker but I believe this is my first post. While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...
Gaurav A.
Passive Co-GP|As an Individual or LLC| Recommendations & Reasons
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Wade Chilcoat
Obtaining "Real Estate Professional Status" as Consultant?
Hi everyone,My wife and I currently live in South Korea and plan on moving back to the USA in early 2019. Right now we own 9 turnkey SFH's and plan on having 24 by the end of the year, maxing out our 20 Fannie Mae all...
Alik Levin
Grouping election Regs. Sec. 1.469-9(g) - sample text
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...