Curt Smith
Rescinding real estate professional status, why I'd like to...
I've read in other tax forums assertion of IRS auditing real estate pro's... Just another issue. My guess is that risk comes from actually negating ordinary income with real estate losses in execess of >$25k. ...
Vito DiIenna
Confirming Legal Status of a Multifamily Home in NYC
Hello BP Community - my first post, here it goes. I own a 2 family home since 2016 that I have rented in Queens, New York. Time has come to sell. During Buyer's title search, it was identified that there is no Cert...
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
I just received an email this morning about Fund 2 with an update on first quarter performance. They had paused distributions in 2023. I calculated the overall DSCR to be 0.77.
1) I know Ashcroft's Fund 1 just had a ...
Sammy G.
How to CORRECTLY Determine the Floodplain Status of a Property?
Harris County is providing a free presentation to correctly determine floodplain status of a property. Here is copy and paste:--Date: Tuesday, August 7thTime: 8:30 a.m. (Before the auction)Location: Bayou City Event C...
Emma Sulkowicz
Advice: multi-member LLC partnership, corporate status, or S corp
Hey Forum! My partner @Paul Dante Pronio and I are forming our first joint LLC and have a quick question about EIN filing. We got to the page that says:
Due to the number of members in your LLC, you are considered a ...
Mike H.
re: 1 flip with full time job avoid dealer status?
Help me out a bit here. Just trying to get a sense of this.If I were to flip one house that I bought under my name and sell under my name.And if I have a regular full time w2 job.Would that mean that the flip would be...
Allan Buttrick
Landlord changing status to section 8 without notice void lease?
A] Here in Connecticut, if the Landlord suddenly and without prior notice now has his property listed as section 8, does that void the lease to the tenants that are already living in the townhouse? B] If said Landlord...
Bilal A.
Can self storage facility owner/operator qualify for REP status?
Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...
Vikram Sharma
I’m on asylum status.. am I able to buy house ?
I have been here in USA for 2 years now.. my immigration status is pending asylum. How can I buy house is interested rate gonna be high for me.?
Joshua Dorkin
Some Facebook status fun to lighten things up a bit
I was just on Facebook and saw one of the funniest status messages in a long time, and I had to share with all of you.
Enjoy! :eyes:
I was in the restaurant yesterday when I suddenly realized I desperately need...