All Forum Posts by: Julio Gonzalez

Hi Vijay, welcome to the community! There is a great group of members on here to connect with.

-Julio

Welcome to the community, Alan! Love your mindset on networking and growth. This is a great place to build both! 

-Julio

Great to have a licensed agent joining the wholesaling side, your experience will definitely give you a strong edge!

Welcome aboard and best of luck investing! 
-Julio

Welcome aboard, Christine! Love that you're jumping into a 4-unit deal, I'm excited to see your portfolio grow, especially with your STR experience already under your belt.

-Julio

Welcome to the community, Eli! 

That first rental win is a great start—excited to see you build on it with a solid plan!

-Julio

If you do sell, you might consider 1031 exchanges to reinvest into higher-yielding assets or diversify into less hands-on investments (e.g., syndications, REITs, etc.).

As @Ryan Coon has mentioned, a cost seg study may be viable if you qualify for the STR loophole.

With this strategy, you don't need to qualify as REPS to be able to take your real-estate losses. You can qualify for this by:

1. Having tenants for 7 days or less at a time.
2. Materially participate, typically with the test: You participated in the activity for more than 100 hours during the tax year, and you participated at least as much as any other individual (including individuals who didn’t own any interest in the activity) for the year.

Here's a helpful article that covers material participation and other options if you don't have REPS https://www.biggerpockets.com/forums/51/topics/1198185-how-c...

Hi Katrina, welcome to the community! There is a great group of members on here to connect with.

Hi Scott, you came to the right place. This community has a lot to offer!

-Julio

Hi Lena! Excited for you to dive into land investing, wishing you all the best as you start your journey!

-Julio