David V.
Deducting passive RE losses from nonbusines income (salary)
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...
Grayson Grzybowski
Need help with my Analysis
This is how I have my excel set up with Calcing everything that goes into it. Under the Expense portion should I have columns for "Cap Expenses & Vacancies as well?" If so, what percent should they be taken from.....
Nick Walley
Starting out- tax benefits
Hey BP! First post and it’s great to meet you all. I would love some advice / perspective… I live in the East Bay Area here in CA, have a great W2 and good sales commissions, and want to start RE investing. I’ve been ...
Vannak Kann
Rental income less than mortgage
Hi All,
I recently purchased an investment property in California that i rent to my parent however i charge them less than the mortgage fee. It's $100 less than the monthly mortgage. I"m wondering if that wil...
Joshua Dorkin
Another Bank Bites the Dust
Integrity Bank Becomes 10th U.S. Failure This Year
Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming fr...
Lance Tokuda
Realty Shares - shutting down
Hello, this is an update on Realty Shares in case you were curious about the service. They just announced that they are shutting down new deals and using remaining funds to service existing investments. I invested i...
Marcus Kuhnert
Selling Long-Term Rental Property to roll into Syndication
First off, I have already contacted my CPA and am waiting to hear back, but thought I'd ask this crowd to see if there is anything to add-My group plans to sell off some rental properties over the next few years - the...
Eric Wallet
Cash out refinance, then sell
Question? Would it be beneficial or possible to execute the following:Have an investment property with lots of equity. Say I own this property (other than my primary) which I owe $50k on the mortgage, and this propert...
Jake Forgione
Boston Fix and Flip Single Family
Investment Info:
Single-family residence fix & flip investment.
Cash invested: $120,000
Sale price: $729,900
This was my first fixn' flip and we did it with seller financing. It was a family memb...
Stephanie Brown
As LP in multifamily: depreciation write off preferred returns?
Most general partners say that the losses you can show after a cost seg study with multifamily will write all all of your income that you received via preferred returns while that property is being held and paying the...