30 October 2024 | 1 reply
The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.

31 October 2024 | 17 replies
Many of my relatives have been born, lived and died in that house over the past couple centuries, and everyone who's been there that's sensitive to ghost activity has told us it's haunted.

5 November 2024 | 29 replies
@Rene Hosman with Stessa I was able to connect my banking activity and import all the transaction.

31 October 2024 | 5 replies
You can set up an online account to monitor the bills and tenants payment activity.

2 November 2024 | 19 replies
Also, now you have a good chunk of change in equity that could give you a huge boost in wealth if you now use the money actively.

29 October 2024 | 12 replies
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands.

29 October 2024 | 11 replies
The STR loophole can help you offset other active income.

30 October 2024 | 15 replies
Jim,Are you thinking of buying an active STR?

31 October 2024 | 24 replies
That is the exact thing I'm trying to avoid.I don't want to be dependent on making money via active income for that long of a time, I want PASSIVE income.

31 October 2024 | 19 replies
If you don't like the idea of giving up control, being an active investor might be better for you.