is there any way I can use passive activity losses (from rentals) to offset non-passive income? There seems to be some suggestion that by becoming a real estate profession, there are ways you can do this, but I keep ...
I bought a home in April 2015 and rehabbed it. I put it up on the market for sale and rent at the same time.
I have an interested couple in renting the townhome for a 6 month lease. So that would give the home back to...
Hoping a CPA or another person can provide some insight and definitive answers when it comes to land contracts, and tax consequences when selling real estate on land contract. Also, if an asset is held for under a yea...
Hello everyone! My name is Gary Bennett, I am 22 years old and am eager to get started in real estate. I will keep this post to the point/short and sweet. I am looking for a partner/partners and mentors to help me get...
Hoping to get some insight from anyone that has experience handling carry-forward loss. I have a property with several hundred thousand in carry-forward loss. I don't plan on selling the property. I am wondering if I ...
Hi All,I'm a wholesaler/investor from the Northeast. Columbus hit on a lot of key metrics while looking for a new virtual market so my team and I will be beginning a campaign shortly. Wanted to connect with local agen...
Hey I have a lot of construction experience. I know how to hang drywall put in tile waterproof basements change toilet sinks counter tops and more. I wanted to know if I do my own work in my house (when I get one) wil...
Hello,I currently am a second year college student and have recently been introduced to real estate. I had a friend take me to his properties in Cape Coral, FL and saw the great upside real estate has to offer. I am c...
Hi Guys
here's the deal,owner has a 12 unit he is looking to sale, has accumulated a lot of equity. he wants to avoid capital gains & deprecation recapture by exchanging the property to another suitable property ...