Commissioner, 73 T.C. 766 (1980), specifically confirmed that rental management activities can qualify for the home office deduction, regardless of passive income classification.Key Considerations: 🔑The space must be used ONLY for rental managementNo personal activities or other business uses allowedMust maintain solid documentationActivities should be regular and substantialPro Tips: 💪Consider the simplified method ($5/sq ft, max 300 sq ft)[Rev.

Hello and very glad to see the confirmation re.

@Dutch Mendenhall, how many times does something have to be confirmed/approved between your Chief Operating Officer, your Director of Compliance, your Director of Special Operations, or "another department?"

Secondly, you'll definitely want to confirm with a tax strategist with experience in the STR space to confirm if the setup you describe will pass as an STR with the IRS. 

Scott Bessent has officially taken the reins as the 79th Treasury Secretary, and his plans are already making waves. Known for his sharp financial expertise, Bessent has introduced an ambitious “3-3-3” economic pl...

I spoke with the one I suspected forgetting to turn off the stove but the person did not confirm.

I don't need confirmation bias, I like different opinions to help challenge what I (or can't) see.The one challenge I'll have moving forward with real estate (rental, commercial or residential) is that I am 100% investment income (LTCG, Dividends and current Rental Income).

Can confirm that as of today, for the annual membership, both of the following codes work:PROBFCM - 23% Off for 1yr - At checkout there is a prompt that reads “Then $390/yr after coupon expires”REALESTATEROCKS - 20% Off - no prompt or message at checkoutGood luck folks.

The recent confirmation of Scott Turner as the U.S.

2) seems to me(not confirmed) that the GPs failed to vett out & manage the performance of these hired companies properly & promptly.