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First, Thank you for your time in reading this and responding For anyone that got some experience in using the short-term rental loophole I got my first House Hack. I'm using the walk-out basement (900sqft) for mysel...
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I have a consulting business (professional corp). I pay $600 to lease my office (cheap i know). It turns out that it is common practice to sublease other days to offset my lease. I sublease at $250/day. So i can ge...
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Hi All,I am looking to get input from people who file their tax return using the Professional Real Estate Status. Specifically, I want to understand how you track your daily activity and to what level of detail? Are t...
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Hello there, BP community! My name is Asela. I'm currently living in Fort Worth, Texas and plan to invest in the DFW area, but I'm also looking at investment properties in Nebraska, Flordia, and a few other states. I...
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Good afternoon, I have a question pertaining to real estate professional status while having a W2 job. I currently work a rotational W2 job (3 weeks on and 3 weeks off) and therefore do have a lot of time off and work...
Hello Friends,As you see, I am a beginner in Real estate in general. I do have some savings ($100-200k) and would like to start my real estate career (part-time/semi-passive). I see that commercial real estate numbers...
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Hi all, new report from Bright MLS. Philadelphia Metro: Median Sales Price Up 9%, Overall Sales Down 12.8% YoY
While the market remains solid, there is growing tension between several key market metrics: supply, pric...
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Any experience with this product offering? Is it worth it? 2500 to set it up and the 400 a year maintenance fee. Allows me pull money out IRA and invest it into real estate.
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BackgroundI was initially interested in REI around 2013, but since then pretty much only purchased my personal residences (with equity) and sold as prices appreciated. I've frequently considered rental properties, but...
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I'm curious to hear other people's experience getting utilities activated for inspections or appraisals on HUD homes while under contract. Any tips or tricks? Your experiences?