Hello,If you’re qualifying as a real estate professional based on managing apartments that you own, can you count hours spent doing due diligence on future properties? For example activities such as searching for futu...
I need comments because after searching I was unable to find any information regarding a specific self-directed IRA question.
I’m planning on using my self-directed IRA to do a flip and fix. So if something goes horr...
Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...
Can a homeowner who is in foreclosure legally rent out their home and keep the rent money in the state of NJ. I have a home owner who was told by an attorney that she can legally do this. Equity stripping?
First I set up a passive SDIRA (recommendations?)Then I fund the SDIRA by transfering money from my existing IRAThen I set up an S Corp (Object of S Corp is to flip houses and occasional buy and hold, I will be taking...
Where can I find what activities count for qualifying for a real estate professional designation? TIA
Over the past few months I've been working with a realtor to buy a multifamily house in my area. At the same time I have been sending out yellow letters to generate off market leads. I am now starting to get responses...
Reading and listening to creative financing strategies. The general undertone for almost all strategies is to get on a call/conversation with the seller and explain to them how the buyer and seller can work together t...
Saw this today. An article discussing the future of Real Estate brokers. Not directly involved in REI but informative as we all use a broker for many transactions. https://www.fastcompany.com/90540856/will-silicon-val...
I have reached out to some local people (referrals etc) but I would like to speak with someone who is familiar with building RE portfolios and using BORSA... anyone here feel free to reach out or reply. Thank you.