There's also a Landlords of Linn County professional organization you can join.

To prepare:Line Up a Cost Segregation Specialist: Reach out to a reputable firm now so they can review your property soon after purchase.Document Pre-Purchase Costs: Any fees or improvements related to acquisition should be organized for easier allocation.Tax Strategy Planning: Consult your CPA to align this with your overall real estate strategy and optimize benefits for 2025.This post does not create a CPA-Client relationship.

Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

It's who can accommodate our unique situation, everyones is different.

These cities are part of the thriving Phoenix metro area, but they also have their unique appeal.

It sounds like managing a portfolio in the DFW metroplex presents its own unique challenges.

You'll be buying in a specific location, subject to local rental regulations and other unique factors.

Hi everyone,I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.1)  are we subject to transfer taxes or fees for the transferring?

and will have to deal with some fairly unique challenges.You'll probably have more success in Fenton, Holly, Independence Twp or Waterford.Read below for some basic copy & paste advice that may help you.