Deb L.
Any recourse against PM? -prior judgment and eviction
My tenant started paying late/short three months into the lease. I am hopefully in the last stages of eviction through my PM's attorney-hopefully I will get possession next week. PM told me that that this tenant had...
Chinmay Patel
When to do Cost Segregation analysis ? Needs recommendations for engineers.
New investor..need some advice. Have 2 SFR homes in Longview Texas. One is LTR and other recently purchased will be a STR. The STR one is 1989 built and needs some Rehab in form of paint, cabinets, appliances, floor, ...
Ryan Deasy
Designating yourself as a real estate professional
If you pass all of the qualifying tests and indicate at tax time that you’re a real estate professional, does that allow you to use all of your losses to offset gains?i know as a non-real estate professional you are l...
Justin Corpolongo
Tips that you wish you knew when starting your first STR
Although it has taken longer than I had hoped, my lease has begun today for my AirBNB. I am still waiting on the delivery of the rest of my furniture that will be coming in by the end of this week. I am hoping to get ...
Hubert Chen
Strategy for offseting passive rental losses for my active flips?
I am a full-time flipper. My wife and I just started acquiring rental properties and I want to offset the passive rental loses against my active flip income. I thought I just had to have 750 hours in my real estate pr...
Damian Barboglio
New San Antonio SFR Owner Looking to Connect with Local Real Estate Professionals
My brother and I, both out-of-state investors, recently acquired a long-term rental property in the Boerne area (near Leon Springs). We’re focused on building a strong network in San Antonio and its surrounding areas ...
Debra Dee
REDFIN - sharing recent experience
I live in Albuquerque NM and have investment property here, and a great agent that I enjoy working with here. I am the executor of my aunt's estate, who passed away last year, and recently was tasked with selling her ...
Chris K.
I prepaid 2018 property taxes. Mistake?
So, following the near unanimous advice of everything I could find, because I have well over 10k in state and local taxes (and will likely opt for the standard deduction under the new tax bill), I went down to the Cit...
Rashid Khalil
s corp possible ?
I earned 90 k as a 1099 contractor working in my LLC. expenses are around 20 k so NOI is 70k. it appears tax efficient if I tax this income as S- corporation. i do have EIN for my LLC and all income and expenses wer...
Tony Cavalli
My First Buy and Hold Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $31,000
Cash invested: $31,000
Sale price: $71,000
Rented for $1050 on average for all holding years
...