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(active participation rental real estate taxes )?
- rental income is passive income no matter how you do it tro is wrong. Not all Rental Real Estate is passive, but it is rare that an individual can claim the at-risk designation to make it active and not passive. I have a property portfolio making 200,000 a year If you have a portfolio that earns you $200K in rent per year, you most certainly do qualify for at-risk and the activity is active, not passive. but i paid 30,000 in taxes interest repairs ect What taxes? Real Estate Taxes? No, these are entirely different and separate from Income Taxes. They aren't even paid to the same governing body. Uncle Sam is the Federal Government while RE Tax is paid to the city/town or county; in other words a municipal government.s
New Jersey Real Estate?
- New Jersey Real Estate Keyword Suggestions: Cape Cod Colonial adult communities nj real estate jersey real estate north jersey south jersey central jersey hud waterfront commercial real estate land for sale land for lease lot for sale build to suite lake property buying a home selling a home realtors real estate agents real estate brokers Just a few off the top of my head! Good Luck!s
What do you need to become a real estate agent?
- google your state's Real Estate board of licensing. it is not an employee business , u have to hustle to earn an income. the top 20% make 70% of the sales. the bottom 80% make 30% of sales. many do not get through their first five year. most need a second income their first 3 years. do your research.s
im interested in investing in real estate?
- I consider the one situation worse to spend money on truly property than the USA correct now might be U.K. Why now not spend money on india? Buy up as so much seashore estate as you'll be able to and spot in which it take you in 10 or 15 years while india is a superpower and americans are flocking there for jobs considering the fact that our economic procedure collapes.s
Becoming a Real Estate Apprasier?
- This is not the time to get into RE in GA because the housing market is in a major slump and commercial is not well either. I am not an agent but have friends who are and even brokers and million dollar club agents are out looking for other type jobs. It will come back but this is a very dry time not just weather wise.s
how to be a succesful real estate agent?
- work as an assistant for an agent that is successful in the type of real estate you wish to work in for at least a year before you strike out on your own. Specialize in a type and in a geographic area.s
in which category might real estate agent be under in college classes?
- Real property categories on the group tuition are on the whole high-quality. Just make certain they're accepted and that they are going to depend as credit score for the license. Call the Board of Realtors for your field and ask what specifications are to be certified for your state. The laws differ from state to state. If you wish to experiment the waters, I could begin with Real Estate Principles and Practices I after which take Real Estate Law. Those 2 guides will deliver you a satisfactory evaluation.s
Should i go into real estate?
- It's obvious that you don't know much about real estate. 1. We don't have salaries or a stable income. We live off commissions. So if you don't sell any houses, you make zero. It's not consistent and it's definitely not for the faint of heart. 2. There is no typical in how much we make. One year I made $18K and another year I made $100K. It really depends. Also, real estate is about longevity. Statistics show that 50% of new agents quit within their first year. Of the remaining 50%, 50% of them quit within 3 years. 80% of deals are done by 20% of agents. It's a cut throat business. I love it but it's definitely not easy. You don't sit there and money comes in. You work your butt off. My longest evening ended at 3am. Also, if for whatever reason a deal collapses, you make nothing. There's no oh but I did so much work! to complain about it.s
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