Here’s the answer:
To qualify as a Real Estate Professional (RE Pro) in 2024, you need to meet certain criteria set forth by the IRS.
Here are some of the key requirements:
1. Material Participation in a Real Est...
Hello y’all, I’ve posted something similar not too long ago, but I still feel compelled to build something incredibly unique. I’m looking to build a 1-2 bedroom that caters to honeymooners and people wanting to stay ...
I recently rolled a 401K into a SDIRA. At the time, I did not convert it to a ROTH SDIRA. I have purchased approx $25,000 in notes with the money but they have not been worked out yet thus they are still non-perform...
Hello All,The quick story....I entered into a contract to purchase a quadplex in Noblesville, Indiana but the seller never did their part to provide the items I requested in the purchase agreement such as repairs item...
I’m currently looking for a financial planner!There seems to be lots available in BC but wondering if someone here could recommend one who could be helpful specifically for real estate investing and setting up a holdi...
I have two sellers highly motivated to get rid of their properties. Both sellers have not made payments on their respective properties for a few years and owe the banks more than they are worth. One owner is current...
As a rental investor, especially someone who invests remotely, I only hear about the condition of a property after a tenant's departure. Usually, the make ready is cosmetic, but I'm often concerned about structural is...
Still trying to identify a property management company to use. I thought I had one, except the agreement is stating that we have to remain in the contract even if they have not leased the property in 6 months. If, ...
Hi, I’m interested to learn of it is possible to use HELOC to pay the 20% down payment (60k) for a rental property that cash flows, with my fully paid off primary residence (220k)? How does it work?
Thank you!!!
I work at a property management firm, but I don't do the management side of things. I do market research from the main office and handle project management for renovations.
I'm almost done with my real estat...