It's also a great way to pass buildings down to your kids who want nothing to do with the active management business.

I am having a doubt here, as this seems like active losses from the sale, whereas the property was a commercial rental property held > 1 year.

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

Hello,For a new project in St Petersburg, we are looking for an experienced project manager.Management of subcontractors, crews, and site related construction activities.

🌞6️⃣ Rental Income Deductions: Earn income & deduct related expenses.7️⃣ Home Equity Loan Interest: Deduct interest if used to improve your home.8️⃣ Military Moving Expenses: Active-duty?

Even the most active moderators tend to stick to specific forum topics.

First off, if you have passive activity losses carryovers (unused losses from previous years) those losses wil be recognized to the extent of your passive income (gain) from the sale.

Normally with long term rentals though, losses are considered passive activity losses and not released until you dispose of the property.

Ask agent to do final walk-thru video to send to you to confirm quality of work BEFORE final payment to contactor.8) List the property for sale.NOTE: we're heading into winter/holidays when all real estate activity slows.

There are a lot of active users in Houston that you should be able to connect with and meet at local meetups if you don't know them already from your experience.