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...
I have sold a condo in NJ that did not require a Certificate of Occupancy. Does Philadelphia require COs for condos? What about purchasing a multi-family property (2-4 units)? I know a realtor will be able to answe...
I just signed up for this program, property scouts, andwondered if anyone has had success with it, the marketareas I chose are: Manage Markets (20) Market Scouts Leads Status Action ...
Want financial freedom through real estate? Then, you’ll need to know how to buy a rental property. Don’t worry; even as a beginner, you can take three basic steps to buy your first rental property and start building ...
To qualify as an RE Pro you must:
1. Spend more than half of your total working hours in an RE business in which you materially participate.
2. You must work at least 750 hours per year in a qualified RE business....
If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
Hello, I am a Realtor and new investor out of Tyler, TX. I am looking to start investing in multifamily properties and would love to connect with someone to gain as much knowledge as possible! I want to purchase my fi...
I apologize if this has been answered prior on here, but im not finding exact in terms of it being property specific or bundled overall
Are tax profits/losses bundled when over 150 AGI to carry over or rental specifi...
Does anyone have a specific drug and/or illegal activity clause in there lease agreement? Including drug use, selling, making/growing? Any verbage would be much appreciated.... just want to make sure are butts are cov...
My Situation: My father and I are in the process of purchasing a turnkey SFH rental property in New Jersey. We are splitting all costs and profits 50/50. Our intentions are to buy and hold the property long term and c...