Ray Slack
Advantages of being a "real estate Professional" for tax purposes Vs disadvantages
28 June 2023 | 11 replies
If the cost of his misunderstanding is large enough, you need to take the case to Appeals (where the IRS people are significantly more competent) and ideally hire representation or at least pay someone knowledgeable for a consultation.But I'm not sure WHY his misunderstanding would cost you anything in SE tax.
Brie Schmidt
HELOC payoff strategy
25 January 2019 | 329 replies
Not that I am advocating such action, just correcting your misunderstanding.
Michael Adamo
Inherited property in LA, seeking advice from experienced investors
19 February 2023 | 24 replies
Maybe I'm misunderstanding your post.