I formed 2 llcs in 2019. One is for me a partner with a multi family and the other is for me and another partner for a single family. My question is, for tax purposes do we need to do anything else other than just dec...
I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.
I have placed a couple of properties in service in 2019 and will have a loss that...
I am looking for advice on getting started in wholesaling virtually in Cleveland Ohio i have my LLC already!
Hey everyone! Im an investor in Chicago and I’m looking to get into my first real estate deal within a 2 year time table. My question is what to do with my savings for the down payment, closing costs, etc?? Should I p...
Investment Info:
Single-family residence buy & hold investment in Pittsburgh.
Purchase price: $50,000
Cash invested: $8,000
3 bedroom/1.5bathroom Ranch home on a double lot. The solid brick house...
Hello all,
I'm interested in buying a property with an FHA loan and still being able to earn income to partially cover the mortgage. I'm in Orange County, CA and my understanding is that it's very difficult to qualif...
Hi all, I am 17 and about to start college in the fall semester. I’ve been admitted to several colleges in the US for pre-vet/ biology however, my true passion is aviation. As a result my plan was to pursue this majo...
I classify myself as a real estate professional and understand what that means. I own rentals directly. I invested in many syndication deals in 2019 that generated over 100k paper net losses. Can I write this off agai...
Acquiring a vacant two family house and am looking for tips on how to best evaluate potential renters. Any ideas?
My name's Kurt, active duty Naval Officer. RE experience limited to three purchases and two sales over the last decade, all for primary residences (single family homes). I've long been interested in RE, and am cons...