Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Hi everyone. I'm in a bit of a tricky situation as I have a good family friend of the past 20 years looking to invest anywhere from $500k-1M. To give a bit of background, I am a contractor in the DC area focusing on...
I have a recent applicant who is relocating to my local area for work. She does pass the qualifications for the most part but I see a few red flags. For one, she told me she doesn't have past landlords to use a refere...
Hi, I work remotely and can live anywhere in the US. About a year ago, I decided to move from Kansas to Austin to see how living here feels, which I've liked so far. Now, I am planning to buy my first property, but I...
Hey y'all. I'm 23 and extremely new to real estate and decided last week it's time to pull the trigger on a duplex (or start with single-family if I can't find a good duplex, then expand). I just moved to southern Flo...
Hi EveryoneI am considering an investment NNN retail space, where one of the tenants is a Mattress store franchise. The franchisee has 5+ locations, in a geographical area, and has been in business for last 10 years.....
Hi, I'm new to Leasing / Retail. Can someone tell me, how lucrative is the leasing business for brokers? I noticed on one deal I got to review, a broker representing a Tenant got just under 98K for one deal. Of cou...
Hey guys! I am about to have my first renter, what are some do's and don't that you would recommend? Any advice is welcome!
I'm in a bit of a conundrum here. I'll be moving back to SD in May for work. Last year when I knew it was a possibility I started looking at buying a MFR, and living in one of the units using an FHA loan. I've been...
My husband and I are in our later 20s we currently own a rental property that could sell for $180K or more. It brings in $1,475 a month. We do not have a mortgage on this home. We are moving to Arizona for my husbands...