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Hello Everyone, I'm new to BiggerPockets and I'm seeking out information/advice on affordable housing. My professional career has been spent in Long term care for seniors both in Assisted Living and Skilled Nursing Fa...
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I just wanted to see if any of you have invested in professional photography in effort to sell your home or flipped properties. I can't help but see the advantage due to the fact that the listings on the internet do ...
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It can be a bit frustrating trying to gain an understanding of the tax system when all questions issued to that effect receive the proverbial response: "Consult your tax professional".
Well, my "tax professional" is ...
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What is Real Estate Professional Status?
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other typ...
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I work full-time (60-70 hrs) week on my regular job and do real estate on the side. Like most people I'm working hard to build wealth and cash-flowing investments in real estate. In the past 18 months, I've acquired...
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I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
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I have a renter moving out of a nice house with a very small back yard. His dog has completely destroyed the small lawn, which was professionally landscaped. Renter wants to replace the lawn himself. The lawn that was...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $109,000
Cash invested: $20,000
Sale price: $120,000
This was one of my first long term buy and holds I bought ...
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I'm employed as a W2 computer engineer, while my wife works as a W2 software engineer. We have one short-term rental (STR) and two long-term rentals (LTRs). I'm curious about my eligibility for real estate professiona...
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Sooo who has applied for any of the new grants/loans that are available to real estate professionals? What did you apply for? Starting to get lots of spam emails on options so I'm curious what others have done.
Exam...