
27 August 2024 | 0 replies
Depreciation must be calculated separately for the carryover basis and the excess basis.

27 August 2024 | 8 replies
A completely separate issue you hint at is whether you can have tax benefits from an STR that you also use for yourself sometimes.

26 August 2024 | 4 replies
For example, during my application they rejected it the first time because they required that all of my points be SEPARATED by all the different brokers I worked under (signed off separately in terms of how many points I earned under which broker) 2.

27 August 2024 | 7 replies
If this isn't a separate dwelling unit you can't take losses from the rooms / space you are renting and use them to offset non-passive income (Section 280A of the tax code)Rental expenses are limited to the amount of your rental income and the balance of rental expenses is carried forward.

26 August 2024 | 14 replies
You may use one account for multiple properties or separate accounts for each property - up to you.

26 August 2024 | 4 replies
It has separate gas, electric, two hot water heaters, etc.

29 August 2024 | 33 replies
@Mila F. top of my least favorite tenant list, I suddenly need emotional support.

24 August 2024 | 4 replies
Since they are not pets but are needed for medical therapy and emotional therapy dogs.

26 August 2024 | 4 replies
For those of you that use an LLC purely and solely to hold the real estate, and has a separate LLC that manages the real estate holdings, when the rent is paid, does that rent payment go on the books of the LLC that only holds the real estate?

26 August 2024 | 2 replies
Perhaps consider future flexibility and keep the 22 acres with your home separate from the other acres.