Hi all,
Does someone know which companies are active (2020) in the BPO business?
TIA
Hi - are there any scenarios in which mid-term rental income/losses can be considered as active income rather than passive, besides when one has REPS status? Thank you.
There are several different types of income in the US tax code.
Two main types are “active income” and “passive income".
Active income is money you earn from working, such as wages from a W-2 job or income from runn...
I’m in the process of signing an offer letter for a home in the Lake Carolina area of Columbia, SC, listed at $399K. The house has been on the market for over 60 days, so we initially offered $375K. The seller counter...
I know i can claim my short term rental income as active income as long as 1. avg rental is < 7 days 2. spent more than 100 hours managing it.
If I have other long / mid-term rentals, does the active business stat...
I just want to know are there any favorable zipcodes in the Baltimore and PG County areas that investors go after? If so, why these particular zip codes and are they active for flipping or buy and holds?
I ask this question because there are real differences in what you are allowed to deduct, capitalize and report in these two situations.
Investors that are wholesaling and flipping are typically in the business of re...
Hello! I was curious and wanted to know what you all thought about leaving active duty and going to full time REI? Any advice or what you wish you guys did ahead of time? Appreciate all advice!
Hi everyone. I've been listening to the podcasts for a little over a month now, and finally decided to get started on the forum. I'm under contract now for my first home here in Pensacola. I'm thinking to buy another ...
Hey everyone, just curious if anyone has run into this before,Currently have a property under contract in Broward County, Florida, and once the 4 point was sent to the insurance company they said they do not have anyo...