Sam Haack
Best practices qualifying as a real estate professional
I am looking into how to properly document my time to make sure I qualify myself as a real estate professional in the eyes of the IRS in order to write off my passes losses off against my active income. What do some o...
Angeline Kung
Looking for advice re: inheriting an odd tenant lease agreement
I am considering to purchase an investment property that is tenant occupied. One of the tenants has an unusual lease agreement that is a 10-year rental lease with the rent locked in for 10 years and 6 months free rent...
Sean Nelson
Buying Real Estate to Reduce Tax Burden
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
Mariah Jeffery
Short sale addendum
I made an offer on a short sale duplex in Oct. and have been getting sent lots of documents to sign since then. The last thing I heard from the listing agent was as follows:
"Indications are positive with the Lender ...
Kim Parker
MTR Early termination - what do you do?
Hi BiggerPockets community,We have a house that we are furnishing as an MTR and STR between guests. I had a question from a potential tenant yesterday about our early termination/cancellation policy. On our LTR and pr...
Kia Afshar
Options to release suspended passive losses
Hi, we bought an investment property this year and will have passive losses. In the future, we will qualify for REPS, but this year we wont. Wondering if there are people out there that have used crowdfunding website/...
Gregory Breeden
Short Sale Questions
How do you short sale a home as a real estate investor?
Erik Pacpaco
Donating property to charity
My mom bought these vacant lot properties in Phrump, NV and Kingman, AZ 15-20 years ago thinking that they would appreciate in value. At the time of purchase, it seemed that they was promise of the place doing well an...
Kevin Sobilo
Buying Note AND Property in Foreclosure
I'm trying to bring together a deal and it made me think of a potential tax question. I'm putting together a deal to buy a property in foreclosure. The property is an estate and there is a small mortgage in foreclosur...
Tariq B.
Seller Agent Messed Up Coubter Offer Price
Hello all,I have been back and forth with negotiations on a place. Seller agent responds back to my counter " we will accept $33,500." So we wright up the acceptance of 33500 and sent it their way. Now we get a respo...