James E.
Real Estate professional logbook example
29 November 2024 | 188 replies
@Clive Smith I have a sample log in format that follows the IRS Audit Techniques Guides (ATGs).
Scott Meech
Determining Quality MTR
5 November 2024 | 34 replies
Checking their calendar helps you determine if there is strong demand.
Rud Sev
How to analyze NNN properties and determine FMV
30 November 2024 | 11 replies
Hello,I have some experience with small multifamily, SFR and condos, especially analyzing those deals, but I am now considering NNN lease for the ability to invest in passive out of state income. I have been receiving...
Elliot Angus
Seller Finance to 1031
21 November 2024 | 3 replies
Even if that is not your intention, the IRS could decide that is what it was which would mean that the seller would have lost his 1031 ability since he "sold" you the house when he accepted the first payment.
Melanie Baldridge
Understanding the IRS Section 179 Election
1 November 2024 | 0 replies
Understanding the IRS Section 179 Election to Expense Depreciable Assets is crucial to making the most of your tax strategy.This provision allows taxpayers to expense certain qualifying assets upfront instead of depreciating them over a period of years.However, there are several factors to consider when using this tax tool.Let’s break down how it works:What Is Section 179?
Marie Thomas
Qualified Opportunity Zones (QOZ) - Commercial Real Estate Investing
26 November 2024 | 1 reply
While I don't see it on the IRS tax information, if I remember from the conversation with him, I think you have to buy properties that need significant improvement.
Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Market research: Research 3-4 similar properties on Furnished Finder and Airbnb to determine your rental rate.
Harsha G.
Private Lending - Passive Losses on Schedule E
20 November 2024 | 6 replies
.: Hi All,Is there any way to structure a private lending arrangement so that income is considered passive (by IRS standards) and can offset accumulated schedule E losses?
Anna Thanopoulou
First year depreciation in STR
19 November 2024 | 7 replies
We have been swept by the influencers touting the benefits of cost seg, so we are wondering how come nobody ever mentioned that it might not fully appy during the first year in service.You relied on two almost equally awful sources of information: influencers and IRS publications.
Rachel Marshall
Buying real estate under my name, but money coming from someone else
25 November 2024 | 2 replies
If I buy this property and the money comes from someone else's account, will that raise any red flags within the IRS systems?