Wai Hong Wong
Real Estate Loss to offset W2 wages for Tax purpose
Could we use real estate loss to offset W2 wages income tax? If yes, does the property need to under personal name? Or it works even if it is under a legal entity? Thanks
Tim McDowd
Advantages/disadvantages of buying an updated house for STR purposes
Is there any general rule about investing in an already updated or new home if the location and market are strong (not a beach or mountain market)? Or said differently, do guests prefer newer/updated homes?
Neil Choksi
First time buyer: Duplex with ADU purely for investment purpose.
Hello fellow investors, I am a first-time home buyer looking to buy an investment property(2 units + ADU) in the LA area and would appreciate any advice you can give. Property Details: 2 Units + ADU. Both units are un...
Pratish Halady
Will they consider me a resident for CA tax purpose?
Hello,
Apologies but I have a somewhat urgent tax query. We are closing soon on a house in San Francisco, CA. We are US citizens living in the Philippines. I want to ask if we would be considered as residents of CA f...
Christian Chartier
Best way to structure owner occupied duplex for tax purposes?
Hello,
I have a to give a shout out to this community. Several months ago I made a post regarding buying a multifamily property in my area of Pinellas County, Florida. At the time, I did not even know I could purchas...
BOB CRANEY
How does Jeff Brown charge for his Purposeful Planning services
I have been a lurker on the site since inception and have re and re-read most all of Jeff Browns postings for many years, although i have never contacted him personally. I find the Old school wisdom and straight ...
Charles Huang
Can you use FHA loan for the purpose of flipping ?
Hi , I want to do a flip on a house can I use fha to close ? If I decide to keep it can I refinance it in 6 month ? What would be the requirement on refinancing to remove the pmi ? Thank you
Johann Jells
Tax structure alternatives to form "E" for tuition aid purposes?
There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...
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...
Chris D
Obtaining a real estate license for the purpose of investing
I would like to obtain my real estate license in the state of Maryland for the purpose of investing. I do not want to be a Realtor as a career or participate in transactions in which I am not either the buyer of the ...