.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

@Owen Wang I applaud your enthusiasm to hit the ground running! 

Tenant just moved in and is asking to delay rent payment until next month, looking for the 10 day move out form

Go to Dennis Block's FB page and sign up for his webinar Friday at 10:00.   

Hey Anthony, yeah just some additional details. 

Our group has members from all over the world and we invest in many countries.

So just because it's a loan on a rental property doesn't necessarily mean the interest will be deductible. 

This just seems crazy - must be new councilmembers running the show. 

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

I'll just add, you need to prepare the scene before taking a picture.