Hi I'm pretty sure I'm an idiot, but I'm getting slapped hard for it (again!)... I always thought that depreciating your property (and getting a tax write off for it) was permanent... So, a few years ago when I had a ...
Hello All, I've been starting to get my research done on syndicating real estate deals. My current understanding is that you cannot send out mailers, unless the individuals have a certain net worth, and have expressed...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
Since I only have two years of REI under my belt, this is more of a check in to see if I’m going down the right path here and if there’s anything else I could be doing.I have trouble tenants that I inherited and their...
Need some advice, please.We have a lot of Hispanic families in my rental neighborhood, but they rarely apply for our units (not sure why, except some Craigslist ads do advertise that they speak Spanish), so I don't ha...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the...
Politico is reporting the AP story:
"President Bush has dropped his opposition to legislation that aims to calm the chaotic housing market despite his opposition to a $3.9 billion provision, the White House said this ...
Hi All,I have a potential deal in Memphis, TN for a long-term buy and hold duplex (3 bed, 2 bath each side) that I'm a bit torn on (running into some paralysis analysis) and would love your thoughts! I tried to includ...
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...