John Hodges
Sold my company
8 May 2024 | 24 replies
In addition to the normal debits /credits of accounting, these systems manage resident communication and activity and track things like work order completion, unit status, etc.
Evan Loader
506(b) syndication sponsors
7 May 2024 | 8 replies
The rules are vague on what "good standing" means, but if you pass the 65 and are in good standing, that is a way to accelerate your accredited status.
Dan Lucchesi
Cost Segregation - A Red Flag For the IRS??
7 May 2024 | 13 replies
Yes, the tax status.
Tim Rogers
Another Real Estate Professional Status Question
3 May 2024 | 10 replies
I have read dozens of posts about REP status and it's still clear as mud to me.
Jerry Daily
Buying another property to offset taxes
5 May 2024 | 5 replies
One is having the tax status of qualified real estate professional, which basically means that your primary job is on real estate.
Chinmay Patel
When to do Cost Segregation analysis ? Needs recommendations for engineers.
5 May 2024 | 5 replies
I will qualify for REP status based on STR loophole.
Shannon Garst
Need advise on setting up an LLC
7 May 2024 | 13 replies
Perhaps we can find a work-around.CERTIFICATE OF GOOD STANDING (aka Certificate of Status): I hate this requirement as it’s simply a way for the state to make money.
Christina Hall
Cost Seg Study SFR Short Term Rental
5 May 2024 | 10 replies
I would also ensure you can even qualify for the cost seg by making sure you either qualify for REPS(real estate professional status) or STR loophole (short term rental loophole)
Charles Baker
Cost segregation - SFR acquired in 2021 followed by full reno
5 May 2024 | 6 replies
I would also ensure you can even qualify for the cost seg by making sure you either qualify for REPS(real estate professional status) or STR loophole (short term rental loophole)
Account Closed
What activities actually matter for real estate professional status?
4 May 2024 | 3 replies
Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...