All Forum Posts by: Krista Roodzant

@Matthew Rogers thanks for another good article!

@Natasha Keck thanks for the link, I'll look into it.

@Natasha Keck I appreciate your response, but I wonder if you could tell me how you qualify as a real estate professional so you don't get audited?

Do I need to have my RE license in order to manage my portfolio in CA?  Can I qualify as a "real estate professional" for tax purposes, if I manage my portfolio without a license?

So if my only reason for doing it is to keep the government's hands out of our pockets, in regards to my husband's W-2, then do I need to go to the trouble?  I am self-managing the 2 properties and was thinking about starting a business doing that.  I know if I sell any properties that the commission would be quite a value, but I've heard that when you self-represent while purchasing, there can be a bit of push-back from the sellers.  Not sure if that is true?

My CPA has recommended I get my RE license in order to get more deductions on our taxes next year.  Before I jump into what feels like a big commitment, I'd like to know if it's truly worth it to be an agent.  I currently am in escrow to purchase my second investment property in my city.  The plan is to continue purchasing properties at the rate of 1-2 per year, perhaps in CA, but not necessarily.  Can anyone shed some light on this for me, please?

@Marc C. Would you mind sharing a LOI sample that you have sent? I'm not really sure what would be appealing to a seller. Thanks!

I've used a handyman for my own residence several times....John (661)204-0789.  Good luck!

I'm fairly new to BP and have done some looking, but am I missing info about local meetings here in Bakersfield?  I'd love to meet with others and get to know the players in my area...