Michael Buska
Does the STR "Loophole" work for Cost-Seg, if not self-managed?
Hey Everyone,NJ investor here, looking to buy my first STR in the Orlando/ Winter Park Area in the next few months. Curious if anyone has had success (or failure) qualifying for RE Professional status with an STR, eve...
Account Closed
Assigning Options in Florida Illegal Without a License?
I have a question I'd like to throw out there for anybody who may know the answer.
I heard a well know real estate guru mention a few times now that you can not assign options or lease options (like a coopera...
Demetrius Brown
How In-Migration Shielded Tampa’s Multifamily Market
How In-Migration Shielded Tampa’s Multifamily MarketBy Laura CalugarAccording to Managing Director Phil Ginexi and Managing Partner Kyle Keelan, Pandemic-induced relocations to smaller cities have supported Tampa’s re...
David Woodside
500 hour rule - material participation
Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
Burt L.
One Darn Clause Prevents Converting 8 Rentals for Condo Sales?
BP Nation- I've been speaking with many mortgage brokers and haven't been able to break through in the least. I have two 4-plex's on lots next to each other in Colorado. They were built in 1948, fully permitted and h...
Marc P.
Florida Wholesale Contract
Hi BG!! Would anyone be so kind as to show me what a completed wholesale contract (obv omitting personal info) looks like once completed? I have a blank "Florida as-is residential contract for sale and purchase" but i...
Carolyn McBride
STR Tax Loophole/Strategy So Close to the End of the Year?
I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...
Paul Bloomfield
Atlanta , Fultin County CDC evictions mandate
I'm trying to get a feel of how landlord feeling about the CDC mandate . It says that no evictions can take place until December 31st. If you try to evict you can be fine up to 100k and 3mths in jail.. nothing about l...
Busayo Ogunsanya
Opportunity Zone - For Real Estate Investors
The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....
Zariyan Stark
Can a IRS lien on a property be negotiated?
I recently came across a property that has a substantial IRS lien. Ultimately with the sellers financial situation, this house will go to foreclosure in the next few months and I want to see if anyway I can help this ...