Matt Smith
Advertising a single room for rent
I'm doing a house hack in Port Richey FL. I need to get 2 rooms rented out in my 3 bedroom house. I'll be living in the master room. The rooms rented out will have a shared bathroom and common areas. I'm asking $800/m...
Jae Ham
Vacation rental(air bnb, etc) considered passive for tax purpose?
I am wondering the type of tax treatment for vacation rentals such air bnb, vrbo etc. Are rooming houses considered the same as vacation rentals? Assuming there considered passive? Please share your experience and adv...
Franklin Lee
Unlimited tax deductions back in the days...
I heard from my dad that back 15 years ago when he was an active investor managing a rental business, he was allowed to take unlimited tax deductions...is this true?
Now, I know that you can ...
Sharad M.
Days on market
So, I am looking at the MLS data an agent sent me for solds and I am a little confused looking at it. This one property I looked at, the list date is 4/2/10 and the sold date is 6/23/10. The DOM is 10..From the dates,...
Adam Shindler
Passive vs. Active Income
My goal is to build a buy-and-hold portfolio to earn $5,000 a month in passive income, but I have learned today that passive and active income are gray areas. Can someone please help me understand the difference betw...
Kevin Powell
Investor With MLS Access
Hi BP. What advantages or what's the best way to take advantage of the MLS as an investor besides comps?
Monica Der
Market Snapshot Single Family Properties in Hancock Park for June 2023
In June 2023, the Hancock Park-Wilshire Single Family market saw a total sold volume of $22,866,525. The average sales price for properties in this area was $2,858,315, with a median price of $2,599,112. The average l...
Matt Miller
How do you involve your kids in your real estate business?
The subject line sums up what I am asking. A little background on why I am asking:I have two girls and they are likely a little to young to jump in and help, but I want to collect some ideas to get them started as th...
Alex Hileman
How's the Market?
We've all been asked, "how's the market?"My brokerage has been tracking the data from the West Penn MLS for the past 2 years, and I would like to share some of the highlights so that we all have some hard facts to lea...
Alan Bosca
Renter asking for agent commission at closing
Hi -I have a potential renter about to sign a lease that is hassling my agent for a commission. I know that it comes out of their pocket, not mine, but (a) can the agent say no if it's being disclosed at lease signin...