@Brett Riemensnider You can claim expenses related to your rental property, even with a homestead loan, by allocating costs based on the 75% rental usage.

The caller, William Silva, claimed to be a salesperson for a company called “Estate Legal.”

However, proving material participation with a full-time job can be challenging, especially if tasks are outsourced, as the IRS scrutinizes such claims.

So again their AP claim is unlikely to be valid since they haven't paid the tax on that piece. 

They claim they do all of the marketing, connect with the leads, negotiate the deal, and close it.

- Warrney => insurance => make money by delaying & denying claims.6) PMC - finding a good one is TOUGH!

It protects both parties.Adding your property manager as an additional insured protects you and your property manager in case of a claim or lawsuit.

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

My tax professional is stating that I would need an appraisal to show the lot/structure are valued at $400k if I try to claim $200k as a donation.

The tenant will legitimately claim the seals were of poor quality to begin with.