23 October 2025 | 11 replies
So from a pure tax deduction standpoint, nothing changes by simply moving the title to an LLC.Here’s what does matter for tax purposes:Your ability to use losses: Even if the property is generating a paper loss (thanks to depreciation, repairs, etc.), you're often limited to $25,000 of passive losses per year—and that phases out completely if your modified adjusted gross income (MAGI) exceeds $150,000.Real Estate Professional Status (REPS) or the STR Loophole: To use rental losses to offset W-2 or other active income, you must either:Qualify as a Real Estate Professional (750+ hours, primarily in real estate) and materially participate in the property.Or, if it's a short-term rental (average stay under 7 days), materially participate (100+ hours and more than anyone else) to convert it from passive to non-passive—even without REPS.Standard deduction vs. itemizing: You mentioned your CPA said deductions didn’t help due to the standard deduction.
15 November 2025 | 15 replies
Purely as a guess, I'm 90% certain that you should have made it part of the lease clearly making it their responsibility.
26 October 2025 | 5 replies
The numbers are a little tight for a pure rental
7 November 2025 | 16 replies
The sweet spot usually lies in a 65-70 LTV loan, but it is purely dependent on the type of property, size of the loan, the monthly rent, and interest rate.
20 October 2025 | 10 replies
They are purely transactional..
15 November 2025 | 17 replies
That said, purely out of professional curiosity, may I ask what you're hoping to learn in the academy?
11 November 2025 | 14 replies
It seems like it will return ~$200/month pure cash after all mortgage payments, fees to Doorvest, maintenance, vacancy fees, etc., I will update the exact number in this thread in the future. - Here is how Doorvest works in general: The houses are only located in Houston.
26 October 2025 | 15 replies
I'm guessing those are better for more involved rehabs vs pure cosmetics.Some PMs will simply charge you an hourly rate, and some will charge you a markup, and some will use their internal (paid) employees to do most of the work and charge you for their time.
28 October 2025 | 3 replies
The one biggest difference, to me, is oil and gas is purely cash flow.
21 October 2025 | 3 replies
Auto dealers receive an 85% hang up rate you could ay that's 8 out of 10 which is wasted lead or call.Do not believe the saying there is no bad lead, thats pure BS!