Hey @Dumisani Thomsen, last time we used REI Hub for one of our bookkeeping clients it was missing some reporting features that QBO possesses.

We just spent the last week here and my client from the states that I fund some of their US based BRRRs' is working on a Private Island development in Belize..

It did not pass the last city council vote in August of 2023, and will likely be taken up again this year.

Every time I do that my Credit Score drops...100 points last time....

When I'm not at work lately I've been remodelling the house I bought last month specifically planning to rent and trying to find anyone I can learn from and work with.

Do you own a primary residence, or have you been renting for the last 12 months?

- assuming 500hrs each, we have spent enough time this year to get to that but wondering if thats a red flag for IRS with high chance of getting audited (we travelled 7 times over the past year to work on the unit and spend at least a week each time excluding the time we spent managing the guests)- Lastly, our understanding is that each can take 50% of the final offset to our W2 assuming we prove material participation eligibility. 

After addressing that issue in the beginning of last year (and not getting compensated for them double dipping) now we have this fiasco to deal with.

I got the place so my daughter would have a place to live for her last 2 years of college. 

We show a loss on the rentals due to depreciation and write offs.