All Forum Posts by: Deepika Tandon

@Joe P,  when you do cash flow analysis do you include mortgage payment in it or just all other expenses?

Thanks for great information. My husband has a W2 job bit I do have a catering business. How do I qualify to be a RE Pro? Someone at a meet up we’re saying it would be 700 hrs for each property. My understanding was 700 hrs all together. Or 700 hrs of both is us combined. He did lots of paintings and repairs as units became vacant this year. What activities are qualified? Please share your knowledge. Thanks

I would like to know the tax benefits of the RE Professional . Me and my husband both work full time. We are upto 19 units and flipped 2 houses so far. We do have property management in place for our 12 -plex and 4-plex. Others we manage ourselves. What do we need to do to qualify for a RE professional and what are the tax benefits if we do? Please share the info on this. 🙏 thanks 🙏

Following it carefully, also looking for market outside CA

I am looking to buy out of CA. Please share your experience about realpro.com

I am just trying to be cautious.

Hope you are all having a wonderful Day.

Thanks

I am not sure how would one qualify as a real estate professional? What kind of activity ( searching and going to look at property with realtor, discussing growth with property mgmt, going to local REI meet-ups to network, advertising for vacant rental, printing , folding and sending letters to potential sellers, working with CPA) qualify? Do one just record the hours? I have a catering business and my husband has a W-2 job. My business is seasonal so I spent considerable time doing lot of these activities and more. Just like to know the qualification of real estate professional.

Thanks for helpful information here.

I am also looking in Huntsville as well.

Any lenders ? you have worked with. Any neighborhoods to avoid?

Any input would be helpful.

Thanks

The Orange Ave Realtors LLC, in Milwaukee Wisconsin.

I saw a craigslist ad looking for partners on a deal. 

Trying to be extra cautious here.

Welcome to butte county.

Hi friends on BP.

Happy New Year-2018

I am very interested in buying a multi-family in Jacksonville.

I am trying to connect  with agents, property managers. 

Please recommend from your experience who to work with ( or avoid working with).

looking forward to your help.

have a great year ahead.