Hey guys,So I've been looking into getting my first deal when a family member mentioned wanting out if their house.They are willing to sell it way below market value to me, but there is one stipulation.The property re...
Looking forward to starting this journey! In my brand-new stage I simply hope to find a cash-flowing deal and learn from there. For single-family rental homes, is it normal to have a waiting period of a few years befo...
I just finished last year's taxes and have a large passive loss (after depreciation) on my rentals. But being a passive investor with large W2 income, I cannot benefit from the tax loss (at least thats what my account...
Hi, I am quite new to real estate investment. I stumbled on some information about short term rental tax benefits as it pertains to lowering W-2 Income. I am trying to figure out if this is really as good as it soun...
Hello. I have an old 401k from a job I no longer work. I found this in an old thread:I have $500k from previous employer 401(k), I'm 52. I'd like to buy real estate, create cash flow via rental, pay myself, and ben...
Wednesday, May 6, 2021, Judge Dabney Friedrich overturned the national eviction moratorium that the Center for Disease Control and Prevention had put in place on September 4, 2020, due to the Covid-19 pandemic.
If ...
Myself and a partner are in the process of setting up our LLC and came across a few questions. I personally am new to real estate, while my partner has a 4 plex as well as a rent house. We plan on doing flips and re...
I was hoping some of the more experienced investors would shed some light on the risks and benefits of buying 5-6 units in the same city.What are some of the benefits from having scale in one city? Are you able to neg...
I met a pair of friends this week who had an interesting arrangement that worked for them, and I'm curious if anyone else has contemplated this or come across it. Friend A was older, wealthier, and wanted a vacation h...
Hello Folks,
I have an SFRs, not thru LLC. I did Airbnb and I got $8000 negative, This was managed by me actively. My tax guys sayst that it cannot be treated as active. so cannot be deducted from my w2 income. Any...