Sheldon Jones
Buying 4 properties should I combine into 1 loan or 4 separate?
I am looking to buy four rent and hold properties from an investor who is selling them all together. Should I get one combined loan ,or four individual loans? I want the pros and cons of both. I have plans to purchase...
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
Here are a few definitions that you absolutely must know.
Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...
Aisha Prince
Virtual Wholesaling! Your experience?
Hi guys! Im new to Real Estate & Wholesaling and I was wondering if anybody has tried Virtual Wholesailing? How did you start? What was your biggest challenge? What would be your best tip to give me? And did you ...
Justin Ward
str loophole for long term rental income
HiI’m confused about the Short term rental loophole. If my STR property qualifies for the STR loophole then can my long term rental property deductions then be brought over to offset my active income like being a real...
Marlon Brown
Business Credit for Real Estate investing, how to
So, you've formed a new LLC, gotten a new EIN number...now what? Can you now, at this point (even though you haven't yet sold anything in your business) apply for and receive substantial amounts business credit for t...
Bianca White
Investing in property taxes with no government lien in place
New poster hereI'm interested in investing in a property that I know owes a substantial amount of property taxes. This property has yet to be placed on lien by the government due to the county's exemption program for ...
Jim S.
Real estate professional - rentals & flipping
I've been reading old posts about the "real estate professional" status (of which there are many) but it isn't clear to me if flippers can utilize losses from their rental properties if they don't self-manage their pr...
Shea Spinelli
January Rent in December?
Happy New Year everyone - hope 2017 was great!We receive payments online via Cozy and I am entering our payments received into Quickbooks to finish the year. We had a few tenants pay online for January of 2018 on Dece...
Margaret Feit
Is a Non-Resident State Tax Return Required for a Net Loss?
My husband and I have an LLC (taxed as partnership) located and registered in GA (where we live), which had an overall net loss for 2018. We also have a subsidiary SMLLC (owned by the partnership) that is registered i...
Matthew Kauk
Short Term Rental Loophole
Looking to use the short term rental loophole.
If I use the short term rental loophole for my STR, I material participate and do a cost seg study.
Can I take the value of the building in the first year as depreciati...