Brian Schmelzlen
Bad News for Buy and Hold Residential Investors
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
Guylaine Dore
Subvention technique?
Hello everyone!I am looking at a great house that needs a lot of work (this would be my personal house). Financing is the struggle.I heard about the subvention technique in Canada and would like to know if this is ap...
Steve Veen
Accredited vs Sophisticated investors
If you are a Multifamily syndicator, I’d love your feedback on this: What percentage of your deals require accredited investors only as opposed to being open for sophisticated investors? Thanks,Steve
Natalie Kolodij
Will your rentals qualify for 199A? New Guidance!
Hey guys, Take everything with a grain of salt as the finalized regs were JUTS released today. Thoughts: 1. The IRS issued a safe harbor of 250 hours to offer some clarification. Meaning spend 250 hours on rentals(s) ...
Moises Guerra Garcia
Has the Austin housing market crash began?
YouTuber Travis Spencer recently published this video:
Housing Crash definition
In this video, Travis starts off by defining a Housing Crash.Travis defines a housing crash as a 15 percent loss in value since its ...
Dani B.
What to ask an accountant?
Good morning from CA!In getting started on this whole real estate investing venture, I have heard that it is a good idea to consult an accountant (preferably a CPA). I plan to meet with an accountant within the next w...
Sebby Gabre Madhin
Sellers trying to cancel contract during inspection period
Hi all-I just wanted to run a problem that my partner and I are running into during a double duplex purchase. Properties are in Central Florida.We recently went under contract for a pair of duplexes off the MLS, and ...
Account Closed
Would you get a house "subject to" at full retail value?
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
David Y M.
How to Do Real Estate Partnership without 1065
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
Account Closed
UN, Russia, and China agree on ending the USD as the reserve currency
http://www.reuters.com/article/usDollarRpt/idUSLJ93633020090319
Inflation could be pretty when that happens. Ironically it appears they still want some sort of fiat reserve currency.