Arda Bircan
Material participation hours for STR Tax Loophole
This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income. There is some confusion about material participation ...
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
Hello!
I'm in the process of setting up a business structure for my real estate investments and would greatly appreciate any assistance or referrals from those with experience in this area.
A Bit About Me
Over the ...
Account Closed
Tenant complaint - AC - proper response?
Curious how you more experienced folks would handle this scenario:
Situation - two yr tenant, very (overly) communicative, bit of a worry wart but that's fine, better than the other way imo. Class A sfh rental. House...
Sebastian Nadal
Looking to House Hack in Chicago for the first time
So, earlier this year I bought a 2 bedroom / 2 bathroom condo in Chicago. This was my first time ever buying property. The condo is in Rogers Park. I'll admit, I might've bitten a little more than I could chew, but I ...
Arshad Hussain
CPA is refusing to include solo 401k in the tax return
My CPA says solo 401k is not allowed in my condition while several providers say it is allowed , who should I listen to. I want to use solo 401k so how can i convince my CPA. He says this link not applies:https://www....
Fitzgerald Hall
My $52,996.25 wholesale deal complete!
Hello all,I finally have my own success story. I guess this year alone has been a bit of a success story but Ill spare you and only discuss my most recent success, a 50k wholesale deal. I have been working on this dea...
Gardy Saturne
First Rental - Negative Cash Flow & Questionable Property MGMT
Hi Guys,I am an out of state investor that purchased my first duplex in Cleveland, OH last year. I'm already negative cash flow on this rental because of unexpected repairs and tenants not paying. After turning over ...
Leandro Zhao
How do you manage your properties out of your state?
How do you manage your properties that are for from where you are?Do you have property management? Or you manage yourself?If your property is within 3 hours range (over 1 hour), is it still possible to manage yourself?
Bob E.
Listing Agent Fees
I have a agent/contact this is considering doing sales listing for a flat fee in the Phoenix market and am trying to help them gauge interest and get some marketing feedback.If you are a flipper / volume seller in the...
Josh Carter
Best Self Directed IRA?
Any recommendations? Currently talking to a company called Equity Trust whose fee is a little above 1%, does anyone know of a self directed ROTH IRA that can do better?