However, I found out the hard way, that just because someone seems to be a trustworthy expert in the field, does not mean they are a good person to do business with.About 6 months ago, I contact Councial Glenn on Facebook and he explained that he had a course, but that it would be better that I join his JV Partner Program, where I'd get the course, and he would agree to work with me to source Land Entitlement deals and negotiate them for me. 

Passive losses can only offset passive income—they don’t reduce your W-2 income in most cases.So while your duplex rental may generate losses on paper, they won’t reduce the amount of tax withheld from your W-2 unless:You qualify as a real estate professional, orYou materially participate in a short-term rental under 7-day average stays, orYou have other passive income to offset.What to do instead:Don’t stop your W-2 withholding entirely unless you’ve worked with a CPA to confirm a significantly reduced tax liability.If your rental qualifies under STR or REPS, then yes—depreciation and losses can offset W-2 income, and you might reduce withholding.Otherwise, you can still update your W-4 to fine-tune your withholdings slightly if you tend to overpay and get large refunds, but be conservative.Run a midyear tax projection with a real estate CPA who understands REPS, STR, and passive loss rules.

You can log in, check performance, buy, sell, and see gains (or losses) in real time.

Currently, I have this following DP3 policy that will be the renewal:SECTION I – PROPERTY COVERAGES LIMIT OF LIABILITY PREMIUMCoverage A – Dwelling $265,400Coverage B – Other Structures $5,308 IncludedCoverage C – Personal Property $5,000 IncludedCoverage D – Fair Rental Value* $26,540 IncludedCoverage E – Additional Living Expense*:*Coverage D and E combined, limited to 10% of Coverage A for the same loss (see policy).SECTION I – DEDUCTIBLES:In case of a property loss, we only cover that part of the loss over the deductible(s) stated:All Other Perils other than Hurricane Deductible:HURRICANE DEDUCTIBLE: 2% of Coverage A Sinkhole Deductible: Not Included$2,500$5,308SECTION II– LIABILITY COVERAGESCoverage L – Personal LiabilityCoverage M– Medical Payments to Others$100,000 $0.00$2,000 Included☺️ If anyone has any ideas on this I would appreciate some conversation.

I originally purchased this 2 bed / 2 bath single family home as owner occupied since I qualified for the down payment assistance program for first time homeowners.

__________________________Provide the name and physical description (size, color, weight, license) of the animal:_______________________________________________________________________________Does the animal perform work or do tasks because of the disability?

You can use the $75K capital loss to offset gains from another sale, but there’s no depreciation recapture since you sold at a loss relative to your adjusted basis.This post does not create a CPA-Client relationship.

A well-thought-out approach helps avoid investments that seem ‘safe’ at first but come with hidden challenges down the road.I have bought rentals with very high cashflow returns (45% on paper), only to have more hassle, higher costs, underperforming, and a difficult time disposing of them which eventually sold at even or a slight loss as compared to when I purchased them.

Loss of Use / Loss of Rents: Normally, there is a 20% included limit.

But the good ones are worth their weight in gold Illegal is the issue now coming to light.. my issue with wholesalers ripping huge fees out of deals is not what most talk about as in if its a good deal for me why should i care..