
19 September 2023 | 6 replies
I would refund them, let them move, then get the heat treatment on the house.

5 September 2023 | 8 replies
Although we have mostly rented ours to travel medical professionals (x-ray techs, nurses, physical therapists and PAs) we've had inquiries from digital nomads, seasonal forest service workers, relocations, people traveling to the area for medical treatment and academic studies and even a recent divorcee who just needed a safe place to stay on short notice while she figured out her next move.

17 February 2011 | 27 replies
Thanks to Richard for reminding us that Section 8 tenants deserve fair treatment!

15 September 2023 | 6 replies
You should consult with a tax professional to determine how to allocate these deductions among the owners based on your specific agreement and contributions to the property.Rental Income and Mortgage Payment: It is generally acceptable to use rental income to pay your mortgage, but it's essential to maintain clear and accurate records of your financial transactions to ensure proper tax treatment.

7 September 2023 | 4 replies
@Leah Thompson, You should be able to talk your accountant into long term capital gains treatment on that property.

22 September 2023 | 8 replies
With that said I will do Amazon for somethings like light fixtures and window treatments.

29 January 2014 | 6 replies
Rental real estate already gets favorable tax treatment.

28 January 2019 | 87 replies
This also likely includes those who qualify for real estate professional treatment on their taxes (i.e. those with 750+ hours of substantial involvement in real estate).However, there are a couple areas that may apply to those involved in real estate.
29 January 2019 | 2 replies
Sometimes the national firms publish unofficial info of a nascent nature explaining potential treatment under new law, and sometimes not for obvious proprietary reasons.This is all pretty new stuff so there may not be much publicly available information.

22 April 2022 | 5 replies
Treasury Regulation §1.469-2T specifically addresses the treatment of gain from the disposition of a passive activity.Anyone have experience with this topic?