
26 February 2025 | 5 replies
Consult a tax professional for optimal tax-saving strategies.This post does not create a CPA-Client relationship.

19 February 2025 | 26 replies
Build up job skills, build up savings, and increase your W2 income.

2 March 2025 | 2 replies
**not tax of legal advice, always consult professionals, just my personal experience!

10 March 2025 | 14 replies
tile maybe more durable and longer life but will look more dated sooner and expensive skilled install.

9 March 2025 | 4 replies
If you consult two different tax professionals, you might receive two different opinions.

26 February 2025 | 27 replies
I'm also a realtor. with the real estate professional tax status.

6 March 2025 | 2 replies
You will be able to use those disallowed passive losses: -Against other passive income -If this rental has net income in a later year these disallowed losses will offset that income-When you sell a rental those carried over disallowed losses offset the gains on sale Other situations you hear about where people CAN use the rental losses to reduce W2 income are where the rentals qualify to be Non-Passive This typically happens in the following two situations: Real Estate Professional Status- A taxpayer or their spouse spends at least 750 during the year on real estate- and more time on it than anything else.

6 March 2025 | 152 replies
I attempted to engage in professional discussions with you on here when I did work for RADD and represented them (Dutch) in a professional manner, you had no desire to do so other than to continue to post.

6 March 2025 | 2 replies
Readers should seek professional advice.

26 February 2025 | 7 replies
. - Are you or your spouse an IRS real estate professional?