All Forum Posts by: Azin Eftekhari

I did talk to them on the phone and they said that the they are resetting the system. It doesn't seem like they are handling their operations very well. 

Michale,

I don't know :) Should I ask for the company financial report or statement for the last two years? 

Hi Everyone,

Have you heard of Lion Scale Resort? They reached out to me regarding my very nice furnished rental and offered to find and place corporate tenants for me, manage the property, charge %20 fee. Their projected renevue is really high and if correct, I would gladly pay the %20 fee! I wanted to ask around before I get into deeper conversation with them.

Bronzeville and Hyde Park , Although some streets are better and some are a bit less safe 

Thank you 

Hi everyone,

Can someone kindly explain the phrase underlined below in simpler English? 

A qualified real estate professional is a taxpayer who owns at least one interest in rental real estate that:

• Performs more than 50% of their personal services in real estate trades or businesses in which they materially participate, AND
• Spends more than 750 hours of services during the tax year in real property trades or businesses in which the taxpayer materially participates.

Greetings,

Can someone explain what the underlined phrase below means in simpler English? :)

A qualified real estate professional is a taxpayer who owns at least one interest in rental real estate that:

• - Performs more than 50% of their personal services in real estate trades or businesses in which they materially participate, AND
• - Spends more than 750 hours of services during the tax year in real property trades or businesses in which the taxpayer materially participates.

Thank you,

Azin

Thank you Ryan

 Thank you Ashish 

 Thank you Bill, I had H&R block tax specialist and CPA do the taxes, I will follow up with them, but very likely, I misunderstood and misrepresented what they did ( I hope!).