Ellen A.
Refinance mentorship and suing
Did anyone go to one of these seminars where they teach you about real estate investing? I'm sure they probably want you to sign up for a paid mentorship program. I'm not sure I'm making good decisions but I am making...
Chris Da
Creative tax write offs as investor
Have another question fo rall you guys..
Tax time...Let me give you a run down..I purchased a place this year as I posted before. I am renting section 8 and filled out the w-9 form. i am postive cash flow, and want t...
Michael Plaks
Tax reform Q&A Thread 3 - Itemized and business deductions
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
Tess Fike
Long-Term Capital Gains Deductions
My husband and I purchased a home that we used as our primary residence in June 2020 for $182,000We are now selling it for $295,000 in July 2021We currently fall into the LTCG category of 15%Our new home is being purc...
Jake Isaac
Strategies for turning an investment around...
I'm sure a lot of you have been in my situation at one point in your investing careers. I own one rental property - a four plex - and I'm beginning to discover that I paid too much for it. It's not a dire situation ye...
Jolene Adam
Losses and taxes
About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...
Roy Mitle
K1 challenges on syndication
I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
Peter Amour
CROWD FUNDING ; REALTY SHARES, REALTY MOGUL....
i have been using realty shares for the last two years and have been pretty happy . Has anyone had and deals on any of the top crowd funding sites go bad ? if so , was it loss of total investment or just a reduced ret...
Steve Maye
Please review my deal analysis
I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
Dan Deppen
Who often have you had to make FPI claims?
How often have you made an FPI claim and been paid? To date I've tried to make a total of 2 claims. In one case the basement was flooded and they didn't cover it (long story). In the other there was some roof damage b...