April Birdsong
AGI >$100,000 Can't deduct rental losses?
Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts. But, my CPA says that because my AGI is >$100,000, I am...
Andy Edmunds
MD Pre-Foreclosure Help (Owner Deceased; Family Estranged)
Hello all,I'm new to real estate investing and am looking for some advice on the subject. The owner of the home next door to ours passed away about a year ago and had no estate from what I can tell. The house has been...
Edward Sharp
Choosing A Trade Career
Hi everybody,
I am 25 and looking to start a career in the trades. I have been a real estate agent, trim carpenter, server, bicycle mechanic, caregiver, even lyft driver. I am choosing a trade career because I enjoy ...
Account Closed
How to sell, with minimum tax, and then access the equity...?
What strategies work best to minimize taxes when selling while also creating access to the equity? I considered doing a wrap loan but splitting up the capital gains into multiple years has relatively little tax benef...
Sam Huze
How does starting an LLC affect....
Good Afternoon everyone, This question is from my mom, she is 58 and owns several homes in Colorado, Arizona, and New Hampshire. She was considering applying for an LLC so that her and I could manage these properties ...
Deniz Eker
Insurance for Rental occupancy and eviction
I have been given the option of buying insurance(684$/year totally) from property manager with a guarantee of 1 month rental fee(around 1250$),most of eviction costs and coverage of up to 2500$ of tenant caused damag...
Uneeq Khan
Renting to family, any benefits?
Just curious to know what benefits there would be to get a property and then "rent" (or actually rent) it out to your parents/siblings/etc? Any tax benefits? Is it even legal? What would make it illegal? Thanks.
Jim Carvajal
Can My Property management comp manage my selfdirected IRA homes
I have a property management company and have always used another mgmt company to manage my personal self directed IRA owned properties. Recently heard someone saying you could manage your own property under your prop...
Quentin Pidcock
Brand New - First steps
So I have never done anything with any part of the real estate market. (Never even rented before.) I have virtually no cash on hand for a down payment. I'm a night manager at a hotel so I have some free time through t...
Account Closed
Writing off Expense of Real Estate License?
My wife and I own our primary home and a rental property (that we used to live in) and are actively pursuing adding buy-and-hold properties. Our current rental is not under an LLC (I know, I know)
We are currently lo...