Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Clay Sexauer
Quick Question About Lender required income
Recently my wife and I bought an investment property from an estate. This now means we own two homes, our primary residence and the investment property. Regarding the new investment property, initially, we were going ...
Matt Kvalheim
Can R/E Losses on a property be used to offset Profits from another property?
Hi,I’m having a tax discussion with my accountant, and I just want to double check that he’s got it right, so I thought I would reach out to the BP community!If I own 3 SFHs as rentals and two of them produce profits ...
Mike Parkins
1031 Exchanges, How do they work?
I'm familiar with the concept of exchanging a property for one of greater value to delay taxes. But, how exactly does the process work? And who is involved in the exchange?
LaToya Houston
Tax deeds in Louisiana
Anyone here investing in tax deed properties in Louisiana? I’m a realtor here in north Louisiana. I can offer my services in exchange for mentorship/help/advice.
Bernard DePascale
Tax Deed Auction Deposits
Now that I feel more confident in bidding on my first property, I am unsure/concerned about prior/following costs. How do the deposits work (FL for example)? Each county seems a little different, but how do I calculat...
Ben A
1031 Exchange questions
I'm planning to sell a single family rental (5 yrs now) in CA and do 1031 exchange.- At what point do I need to make the election to do 1031 exchange? How much time prior to sell?- As I understand, part of the sale pr...
Karim Shah
Strange Problem! Homestead revoked
Hi All,
I've come across a problem on one of my properties. I closed on a property only last week using a title company received a warranty deed with title insurance. Obviously, the backtaxes were all fully paid.
...
Brian Barbuscia
Third Federal HELOC?
I am currently evaluating various HELOC products for BRRRR purposes and i am curious if anyone has used this HELOC product?https://www.thirdfederal.com/borrowing/home-equity...Prime -1.01% variable (4.49% currently) s...
Nicholas Creahan
Can I 1031?
Hey all, I am not looking for legal advice, but just general information. I own a condo in San Diego with about 300k of equity in it. I bought this as a primary residence years and years ago, before I met my now wife....